jeffw@lemmy.worldM to

News@lemmy.world · 1 year ago

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

cross-posted to:
[email protected]

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US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

jeffw@lemmy.worldM to

News@lemmy.world · 1 year ago

cross-posted to:
[email protected]

Billionaires now control 1 out of every 25 dollars of American wealth.

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1 year ago
It’s not as if that makes it any better. Tax policy should be designed to actively combat the inequality increase created by compound interest, not go along with it.

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