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

1155.683 - 1175.851 PJ Vogt

So what if right now you wanted to bring more billionaires more firmly into our tax system? There's a few possible solutions. Solution one, the one Jesse is getting so much crap for pointing to, is to just make a law that would let the government tax unrealized gains. There's a bill that would do this. It's based on Biden's proposal. It's called the Billionaire Minimum Income Tax Act.