NWLC Statement on Supreme Court Decision in Moore v. United States
Washington, DC – The U.S. Supreme Court today released its decision in Moore v. United States.
The Court held today that a one-time tax on U.S. taxpayers on their shares of foreign corporate earnings does not violate the Constitution. The Court ruled narrowly, rejecting broad and extreme arguments pushed by the challengers that would have undermined Congress’ power to levy taxes.
See below for a statement from Amy Royce, Senior Counsel for Income Security at the National Women’s Law Center (NWLC):
“The Court affirmed that billionaires and wealthy corporations don’t get to skirt laws requiring them to pay taxes on their income. It is Congress’ responsibility to levy taxes – not the courts’. The Supreme Court should continue to reject baseless claims that undermine Congress’ taxing authority.
“With this authority reaffirmed, Congress must get to work to ensure that the wealthiest and big corporations finally pay their fair share. That starts with allowing the 2017 tax cuts for the rich to expire next year, as well as enacting other policies that give us a fairer tax code that supports investments in our care infrastructure.”
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