US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

What a disgusting shithole america has become.

More needs to be said about taxing the wealthy. 70% for every dollar over 10 million. Wealth tax for those hoarding wealth in stocks.

The New Bad Deal.

Rich get richer and everyone gets fucked on their taxes while dealing with crazy high inflation.

Thanks GOP! YOU GUYS REALLY KNOW HOW TO GOVERN

And yet poor people keep voting for him, thinking that the used car salesman clown will make them rich

It’s not like these billionaires are spending this money, so it’s just been invested for 7 years. What’s the old adage, Rule of 72? Given a 10% rate of return, they would be expected to double their money in…

…seven years.

While the tax policies certainly aren’t helping the majority of the population, let’s not pretend compound interest isn’t a thing.

Till we close the loop holes for these billionaire foundations buying elections (i.e. the Koch network) - billionaires will continue to tip the scales their way. Courts also need to be 10 year appointments, not life time.

Trump is such a shit stain

Still waiting for that trickle down.

What we need is a controlling asset tax, 99.9% tax on the value of assets controlled beyond $100m

How likely is it that the trump tax giveaway was all about FUNDING the Fascist takeover of America ? Because they wouldn't have had the money otherwise

But what for? Even with the toys of millionaires (yachts, villas), over a few 100 millions it's only a number.

Word begins with a C and ends with unt.

USA USA USA

It's not just billionaires. If you put any amount of money into the S&P500 in Jan 1 2017, it would be worth more than twice as much today.

Why hasn’t Biden done anything about the Tax Cuts and Jobs Act?

Dems had house majority when he started and he could have tried to push changes through like Trump did.

I hate how politicians always use these things to get their rich loving person in the office. Like they didn't get richer during Biden administration. Who really thinks that rich getting richer is a Trump or Republican problem is completely unaware of the political situation in the entire World right now. I wish Democrat politicians would stop using this platform to manipulate us into voting for some genocide rich idiot instead of thinking of real solutions. Democrat party will NEVER help us solve this problem in any slightly meaningful way.