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

1858.759 - 1878.513 PJ Vogt

The passage of the 16th Amendment, the moment where we Americans made the federal income tax constitutional. The amendment reads, quote, Congress shall have the power to lay and collect taxes on incomes from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration."

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