WHO ARE THE 1%? AND HOW SHOULD WE TAX THEM? @omzidar is a professor of Economics and Public Affairs at Princeton and the author of "The Everywhere Millionaire: Who Is Really Rich in America and How They Got There." He found the secret subset of wealthy Americans that no one was talking about — people like the regional car dealer who spent $60 million on his daughter's wedding. Owen sat down with @EKraschel to talk about these multimillionaires, and how we can reform the tax code to make sure they pay their fair share. 0:00 - A request from the Treasury 3:47 - Who the 1% actually are 6:15 - Finding the Everywhere Millionaires 8:00 - How we should tax the wealthy 14:10 - Challenges in the tax code 20:45 - Bigger pie vs. bigger slice 27:00 - Going beyond the data

To counter the bipartisan tax revolt, start by funding the tax police, @AshleySchapitl says: I saw what the IRS could do when it had the resources to do its job and change the incentives for tax avoidance at the very top of society. We pursued high-income non-filers, audited corporate jets, and unwound byzantine partnership structures. Unfortunately, Trump and his GOP majority defunded our nation’s tax police, and much of this work was reversed. But this experience gave me a window into what America would look like if we had the sort of trust in our tax system that many Scandinavian countries have — when the public knows that everyone, including the ultra-wealthy, is paying their fair share. wordsinsearchlight.org/p/how…

Public trust in our tax system has eroded — but to fund priorities like universal health care, we’ll need to restore that trust. Let's start by fixing what's already wrong with the tax code. Here’s how.