Taxing the U.S. Rich - Part 1

Part 1: America use to have a wealth tax - The forgotten history of Property Tax.

When Americans hear “property tax,” they tend to think taxes on houses and other real estate. And for good reason. While property taxes are often levied on motor vehicles, and occasionally on business net worth, the vast majority of property taxes in the U.S. today apply only to real estate. It was not always so.