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

794.112 - 820.938 PJ Vogt

For example, Jeff Bezos, in a year where his net worth was $18 billion, was paying so little in federal taxes that he looked, to the IRS's eyes, like a poor person. Somehow he both qualified for and took advantage of a government tax credit for child care that's actually designed to lower child poverty in this country. Our government sent Jeff Bezos a check for $4,000 to take care of his kids.