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Why is it so hard to tax billionaires? (Part 2)
PJ Vogt
So rather than paying the difference between what Amazon was worth when Jeff Bezos started it and what it was worth the day that they sold it, they would pay the difference between what Amazon was worth the day they inherited it from Jeff Bezos and the day that they sold it, which would be a much, much smaller taxable windfall for the government.
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