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Why is it so hard to tax billionaires? (Part 2)

1113.027 - 1138.088 Jesse Isinger

People responded to us by saying, you idiots, we don't tax unrealized gains in this country. And we had to say, you know, I responded to 150 emails from readers saying, yeah, that's the point of the article, is that we have a choice about what to tax, and we're not taxing this, and that's why billionaires are able to live outside of our tax systems.

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