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Why is it so hard to tax billionaires? (Part 1)
PJ Vogt
But Aldrich could tell Americans were boiling mad about inequality, and he knew he had to give this unwashed, angry mob something, some thrown bone. And he thought he saw a way out, a compromise. Because around the same time, there'd been a different proposal. Instead of taxing the incomes of individuals, how about we tax the incomes of companies? A corporate income tax.
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