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Why is it so hard to tax billionaires? (Part 1)
Molly Mitchell Moore
So after the war, the tax system itself more or less stays in place. There are reductions in the rates right throughout, both at the top and at the bottom. But the basic shape remains the same. It's then codified in 1954. And that World War II tax system is basically the basis of the tax system that we're still using today.
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