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The Independent UK
The Independent UK
National
Mark Sherman

Supreme Court signals it will uphold a tax on foreign income and leave a wealth tax for another day

Copyright 2018 The Associated Press. All rights reserved.

The Supreme Court on Tuesday seemed inclined to uphold a tax on foreign income while leaving questions about a broader, never-enacted tax on wealth for another day.

On the first issue, conservative and liberal justices voiced concerns that ruling for a Washington state couple challenging a provision of the 2017 tax bill would threaten other provisions of the tax code.

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