Principal and Managing Director, Mallon FitzPatrick was featured in Financial Advisor Magazine to discuss ‘Supreme Court Weighs Giving Green Light To Wealth Tax.’ “If the Supreme Court upholds the constitutionality of a tax on accumulated foreign earnings, then it could be interpreted as a tax on unrealized income,” FitzPatrick said. “Republicans are concerned that an affirmative decision could open the door to other types of taxes on unrealized income such as a wealth tax, versions of which progressive Democrats have been trying to implement at both the federal and state level for years.” Read the full piece here.
