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International Business Times
International Business Times
Politics
Ann Resuma

Supreme Court Upholds Trump Tax On Overseas Investment

Donald Trump Brett Kavanaugh Clarence Thomas

The Supreme Court has just upheld the validity of a tax on overseas investments, a revenue-making measure enacted during former President Trump's era.

The Supreme Court voted 7-2, with the majority justices upholding the tax's validity. Justice Brett Kavanaugh wrote the deciding opinion for the majority, and Justice Clarence Thomas wrote his dissent.

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