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Why is it so hard to tax billionaires? (Part 1)
PJ Vogt
Our hatred of our tax code is one of the few things most Americans actually agree on. We like taxes like we like getting a paper cut on a sunburned, stubbed toe. But the income tax, back when I was first born, was a very different animal. In the beginning, it was relatively simple, and it described a very modest tax on income applied only to the wealthiest Americans.
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