jeffw@lemmy.worldM to

News@lemmy.world · 8 months ago

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

cross-posted to:
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US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

jeffw@lemmy.worldM to

News@lemmy.world · 8 months ago

cross-posted to:
[email protected]

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

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8 months 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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