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Washington, D.C. (June 20, 2024) – George Callas, executive vice president of public finance at Arnold Ventures, provided the following reaction to today’s Supreme Court decision in Moore v. U.S.:

Today’s ruling confirms the basic, long-standing tenet of American tax law that Congress may tax the owners on the earnings and profits realized by a business. With this decision, we can continue the work of reforming our tax code to plug loopholes and reduce tax avoidance by wealthy individuals and multinational corporations, while also encouraging investment, job creation, and economic growth.” 

Prior to joining Arnold Ventures, Callas served as senior tax counsel to then-Speaker of the House Paul Ryan and played a key role in drafting the international tax provision challenged by the Moore plaintiffs. Callas and University of Florida Levin College of Law Professor Mindy Herzfeld submitted an amicus brief to the court supporting the government in Moore v. U.S. The Court echoed reasoning in Callas and Herzfeld’s brief, including an argument around the legislative history of the definition of control over multinational corporations. 

Arnold Ventures is a philanthropy dedicated to tackling some of the most pressing problems in the United States. It is a team of more than 120 subject-matter experts headquartered in Houston with offices in New York and Washington, D.C. It works in five key issue areas: Criminal Justice, Education, Health, Infrastructure, and Public Finance. Its work is guided by Evidence-Based Policy, Research, and Advocacy.

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