BOOM: Supreme Court upholds Trump-era tax rule

The Supreme Court today upheld a Trump-era tax rule that was passed by the Republican Congress in 2017 and signed by then President Trump.

The rule allows the federal government to tax more investment income of shareholders of American-controlled foreign corporations.

The best way to understand it is to read this short blurb from Kavanaugh:

This is all pretty boring to me. What I was interested in is who the members were in the 7-2 ruling. The split wasn’t what I would have predicted:

KAVANAUGH, J., delivered the opinion of the Court, in which ROBERTS, C. J., and SOTOMAYOR, KAGAN, and JACKSON, JJ., joined.

JACKSON, J., filed a concurring opinion. BARRETT, J., filed an opinion concurring in the judgment, in which ALITO, J., joined.

THOMAS, J., filed a dissenting opinion, in which GORSUCH, J., joined.

The leftists who want to undermine the court claim this court is very partisan, which is an inappropriate way to frame it. But for our purposes it works to make the point that this ruling, among others, proves that the court is many times ‘bipartisan’.

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