jeffw@lemmy.worldM to

News@lemmy.world · 7 months ago

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

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US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

jeffw@lemmy.worldM to

News@lemmy.world · 7 months ago

cross-posted to:
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Billionaires now control 1 out of every 25 dollars of American wealth.

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mightyfoolish@lemmy.world
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7 months ago
Congress is more in charge of taxes and budgets, not the president. However, it would seem Democrats in general want to use this for the upcoming elections (along with nearly everything they promised last election).

https://www.nytimes.com/2024/03/25/us/politics/biden-taxes-cuts.html

https://www.reuters.com/world/us/biden-budget-plan-would-raise-us-taxes-by-4951-trillion-over-decade-treasury-2024-03-11/

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