Supreme Court upholds Trump-era tax on foreign earnings

(WASHINGTON) -- The U.S. Supreme Court on Thursday upheld a Trump-era tax on U.S. shareholders of some American-controlled foreign corporations, preserving a major source of government revenue while sidestepping the more controversial question of the constitutionality of the taxation of wealth.In a 7-2 decision,... Read More.

Supreme Court invalidates Trump-era ban on bump stocks

(WASHINGTON) -- The Supreme Court on Friday invalidated a Trump-era ban on bump stocks, ruling the Bureau of Alcohol, Tobacco, Firearms and Explosives exceeded its authority in creating the regulation.The 6-3 opinion was authored by Justice Clarence Thomas. The court's three liberal justices,... Read More.