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

3019.414 - 3044.126 Molly Mitchell Moore

Basically, people are and the wealthy are making money not by making things, but by making sort of paper investments, right? I see. So most of the money, right, is not in building new factories, is not in coming up necessarily even with new technologies, but in the financial markets, in buying and selling bits and pieces of other companies.

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