A Supreme Court case involving Charles and Kathleen Moore is set to be heard on December 5, as they challenge a $15,000 tax bill that they believe is unconstitutional. The couple claims that they were required to pay the tax due to their investment in an Indian company, from which they have not received any distributions or payments. However, public records and filings with the Indian government seem to contradict parts of their story.
This case has attracted attention from business and conservative political interests, as it could have implications for other parts of the U.S. tax code, as well as the proposed tax on wealth. The Moores are supported by the anti-regulatory Competitive Enterprise Institute and argue that the provision of the 2017 tax bill, which imposes a one-time tax on investors’ shares of profits, violates the 16th Amendment.
However, there are inconsistencies in the Moores’ claims. Charles Moore, a former Microsoft employee, served on the board of the Indian company in question and had more involvement with the company than he indicated in his testimony. Additionally, the Moores did not disclose this information in their legal filings. Critics suspect that the case may have been manufactured to challenge the proposed tax on billionaires.
If the Supreme Court decides to hear this case, other provisions of the tax code could be at risk of being overturned. The decision could also potentially affect the finances of some of the justices themselves.
Overall, this case raises questions about the credibility of the plaintiffs and highlights the potential influence of powerful interests in shaping court disputes.
Unique Perspective: The Supreme Court case involving the Moores not only challenges a specific tax bill but also has broader implications for the U.S. tax code and the proposed tax on billionaires. It brings to light the potential manipulation of facts and the influence of powerful interests in shaping legal disputes. This case serves as a reminder of the complexity and controversy surrounding tax policies and the ways in which they can be challenged in the legal system.
