Will a Supreme Court Case About Fishing Water Down the IRS?

The U.S. Supreme Court just heard oral arguments in a case about Chevron deference that has implications far beyond the fishing industry.

commercial fishing boat at sea
(Image credit: Getty Images)

What do commercial fishing boats have to do with the IRS and potentially your taxes? That’s a question on some people’s minds since the U.S. Supreme Court recently heard oral arguments in Loper Bright Enterprises v. Raimondo

The Loper Bright dispute is about a regulation by the National Marine Fisheries Service that requires commercial fisheries to pay about $700 daily for an industry monitoring program. However, the legal question before the Justices is whether the Court should clarify or overrule a fundamental administrative law doctrine: Chevron deference. 

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Kelley R. Taylor
Senior Tax Editor, Kiplinger.com

As the senior tax editor at Kiplinger.com, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.