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The Scariest SCOTUS Case This Term
The American Spectator ^

Posted on 12/05/2023 6:32:00 AM PST by Tench_Coxe

Tuesday morning the U.S. Supreme Court will hear oral arguments pursuant to a case in which Charles and Kathleen Moore argue that an obscure provision of the 2017 Tax Cuts and Jobs Act is unconstitutional. This is not an “inside baseball” case that only compulsive Court watchers will care about. If the justices rule against the Moores, it will supercharge the government’s confiscatory powers by enabling its inclination to tax unrealized income. This will affect everyone reading this column, not just investors with large stock portfolios. It would, in theory, permit the IRS to tax an increase in the value of your home as a capital gain — whether you have sold it or not.

(Excerpt) Read more at spectator.org ...


TOPICS: Miscellaneous
KEYWORDS: capitalgains; irs; scotus; taxes
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To: Garden Island

DeSantis was a congressman when this bill passed. I wonder how he voted on it?


41 posted on 12/05/2023 6:43:02 PM PST by Waryone (2 Chronicles 7:14; praise God for His great mercy!)
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To: Waryone
DeSantis voted Yea. Only 13 Republicans voted against it in the House.

Notable Nays were:

-PJ

42 posted on 12/05/2023 7:03:40 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Tench_Coxe

Oral arguments before the court:
https://www.supremecourt.gov/oral_arguments/argument_transcripts/2023/22-800_097c.pdf

Just started reading. This should be interesting.


43 posted on 12/06/2023 8:25:40 AM PST by zeugma (Stop deluding yourself that America is still a free country.)
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To: Political Junkie Too

Thank you for finding that. Now we know DeSantis voted with the deep state. No real surprise. They own him.


44 posted on 12/06/2023 5:59:31 PM PST by Waryone (2 Chronicles 7:14; praise God for His great mercy!)
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To: Waryone
Now we know DeSantis voted with the deep state. No real surprise. They own him.

As I've said many times before, I go where the data goes. I don't know that the data leads to your conclusion.

I do know that DeSantis voted with the majority on this bill in the 2017-2018 Congress. I also know that DeSantis left the Congress after this term to run for governor of Florida.

Was DeSantis a "deep state" owned asset who was sent to control Florida, or was DeSantis a disgusted 3-term Congressman who left the House to go back to Florida to seek a career there?

-PJ

45 posted on 12/06/2023 7:10:56 PM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Political Junkie Too

DeSantis was a three term congressman. That is the answer to your question. One term to find out how corrupt. Two terms, maybe, to investigate the corruption. If you run and win a third term and haven’t threatened to expose them all, you’re one of them.

The person I originally responded to wanted to blame all of this on Trump, someone who had just got into office and spent most of his time fighting the deep state and all of their resources. He called Trump deep state, yet he oddly failed to recognize the person he supports (DeSantis) was actually eyeballs deep in blame.


46 posted on 12/07/2023 1:21:54 PM PST by Waryone (2 Chronicles 7:14; praise God for His great mercy!)
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