Why is it so hard to tax billionaires? (Part 1)
A rogue IRS contractor leaks the private tax returns of the country’s wealthiest citizens to a reporter.
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Show Notes
A rogue IRS contractor leaks the private tax returns of the country’s wealthiest citizens to a reporter. That reporter, ProPublica’s Jesse Eisinger, learns that some of our billionaires are paying as little as zero dollars in federal income taxes. The story of how this country came up with an income tax in the first place, and how the wealthiest discovered an opt-out strategy.
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