Connect with us

Hi, what are you looking for?

Economy

US Supreme Court will hear clash over religious exemptions from Wisconsin tax

WASHINGTON (Reuters) – The U.S. Supreme Court agreed on Friday to hear a bid by an arm of a Catholic diocese in Wisconsin for a religious exemption from the state’s unemployment insurance tax in a case with potential implications for constitutional religious rights.

The justices took up an appeal by the Catholic Charities Bureau, the social ministry arm of the Catholic diocese in the city of Superior, of a lower court’s decision rejecting its exemption bid. A Supreme Court ruling in favor of the bureau could require Wisconsin and states with similar tax programs to broaden their exemptions in order to comply the U.S. Constitution’s First Amendment religious protections.

The Supreme Court is expected to hear arguments in the case and rule by the end of June.

This post appeared first on investing.com

You May Also Like

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...




Disclaimer: Oldamericanbroker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the-company.


Copyright © 2024 Oldamericanbroker.com