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Why is it so hard to tax billionaires? (Part 1)
Jesse Eisinger
And so they embrace it as a legislative gambit, and Hull, who has been the great champion of the income tax, is against it because he knows that it's going to be the death knell for the income tax and his dream and his obsession. They pass the income tax amendment, and they pass the tariff bill, and then the Republicans have wildly miscalculated it.
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