Tony Nitti, a partner at EY National Tax and tax law expert, breaks down the significant Supreme Court ruling on Moore v. U.S. He discusses the implications of the mandatory repatriation tax and how it shapes future discussions on unrealized gains and wealth taxes. Nitti emphasizes the value of understanding both the majority and dissenting opinions for a richer grasp of tax law evolution. Listeners will find insights on historical context and the potential future of taxation in America, complete with references to landmark cases.