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While politicians have taken to campaigning on the issue, a new investigation from our partner The New York Times finds that a number of candidates on the right and the left have also received millions of dollars in donations from the wealthiest Americans who hope to maintain a tax system that saves the top 1 percent millions each year.
Noam Scheiber, New York Times labor and workplace reporter, led the investigation. As he tells The Takeaway, a weakened Internal Revenue Service and a strong anti-tax lobby have created what is effectively a two-tiered tax system in the United States: One for the wealthiest Americans, and one for everyone else.
What you'll learn from this segment:
- How the super rich lobby for changes to the tax code.
- Why the IRS can't keep up with these changes.
- What, if anything, is being done to break down the two-tier system.