Friday, October 11, 2024
Old
Archived

Clarence Thomas Loses It As Bombshell Secret Tax Scheme Unravels

Clarence Thomas signals a diabolical plot after his stunning dissent in a recent Supreme Court tax code ruling, as experts believe he is planning to create tax mayhem by dismantling the 16th amendment in order to benefit the ultra-wealthy in America. John Iadarola and Sharon Reed break it down on The Damage Report.

“Supreme Court Justice Clarence Thomas recently found himself on the losing side of a case known as Moore v. United States where the justices turned away a bid by wealthy conservatives to gut the federal tax code and prevent the establishment of a wealth tax in the future. But Thomas would have gone much further, wrote court analyst Mark Joseph Stern for Slate.

Rather, he wrote, Thomas — who has been at the heart of several recent scandals involving undisclosed gifts from billionaires — wanted to blow up the 16th Amendment, limiting the ability of the United States to tax income altogether.

At issue was a pair of investors who wanted to strike down an obligation, laid out in former President Donald Trump’s 2017 tax cut bill, to pay a one-time tax on investment income outside the United States.”

Read more here: Clarence Thomas signals his intent to blow up the entire federal tax code: analyst

#TheDamageReport #JohnIadarola #TheYoungTurks

Serena is the owner of the website and THE Zany Progressive. She's also the editor, so you will find her personal commentary before the news articles from other sources. Serena also writes her own news articles and content.

Related Posts