The Supreme Court will soon hear a case that could affect broad swaths of the U.S. tax code, corporate revenue and federal wealth tax proposals.
The case, Moore v. United States, is slated for the next court term and challenges a levy enacted through President Donald Trump's 2017 signature tax overhaul.
But experts say the Supreme Court decision may have broader implications.
It's a lingering question amid past billionaire tax proposals.
While experts say Trump's 2017 tax works differently than a wealth tax, there are still concerns about the Moore case.
Persons:
Moore, Donald Trump's, Biden, Amanda Parsons
Organizations:
Finance, University of Colorado Law School
Locations:
United States, India