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Why is it so hard to tax billionaires? (Part 2)
Joe Biden
You know, there are 1,000 billionaires in America. You know what the average federal tax is for those billionaires? No. They're making great sacrifices, 8.2%. That's far less than the vast majority of Americans pay. No billionaire should pay a lower federal tax rate than a teacher, a sanitation worker, or a nurse.
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