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Why is it so hard to tax billionaires? (Part 1)

1807.714 - 1825.244 PJ Vogt

So there's still some public appetite for an income tax, and the Republicans, led by Nelson Aldrich, actually put forward a constitutional amendment supporting one. Their thinking is, the amendment's going to lose, it's badly mistimed, the states will vote it down, and this will just end the conversation about a federal income tax.

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