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

2560.515 - 2588.774 Jesse Isinger

This is a policy. People really want billionaires to pay more taxes. It polls very well with Republicans, even. But billionaires have disproportionate power in this country, and they have a lot more power than the 70% of people who want them to be taxed more. I mean, you know, they wield extraordinary amount of influence and power in society. And so they can bend public policy to their will.