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

2416.736 - 2438.054 Molly Mitchell Moore

And so Mellon knows that he can't get rid of the progressive tax code, but what he can do is make it less progressive, sort of sneakily, right, by introducing all of these kind of write-offs, what we might think of as tax shelters, and allow people with that kind of income, income from investments, income from businesses, to shield some of that income from the tax code.