American billionaires' wealth has doubled since the 2017 Trump tax overhaul, with billionaires now

[applegrove]

https://www.threads.net/@truthout/post/C5l0vXJAllx/?xmt=AQGzltIebTaGfh1hBbA4UmGqC6hoK93lW-wOk1QuOmcpEQ

American billionaires' wealth has doubled since the 2017 Trump tax overhaul, with billionaires now controlling 1 out of every 25 dollars of American wealth.

[Irish_Dem]

1. They have the money to install him back in office?

By any means possible?

[Lunabell]

2. GQP reaction:

Let's roll back the child tax credit for the plebes! They will just have to suck it up and give more tax breaks for billionaires! More tax breaks for yachts and private planes! You know, the "job creators" who want to work you to death for their wealth hoarding. And kids going to school? Forget that shit! It's back to the coal mines and factories for little Stevie and Janie.

[WarGamer]

3. amazing... wealth tax NOW!!

https://www.cnbc.com/2024/01/15/worlds-five-richest-men-have-doubled-their-fortunes-since-2020-oxfam.html

The world’s five richest men have more than doubled their vast wealth since 2020, according to an Oxfam report, as the charity calls for curbs on “corporate power.”

The report found that the combined fortune of the world’s wealthiest people —

Tesla CEO Elon Musk,
LVMH boss Bernard Arnault and family
Amazon founder Jeff Bezos,
Oracle founder Larry Ellison
Veteran investor Warren Buffett —

has jumped from $405 billion in March 2020 to $869 billion in November 2023. Oxfam used data from Forbes and Wealth X which has not been independently verified by CNBC.

[Blue Owl]

4. I wonder how many MAGAts are aware of this....

[TheRealNorth]

5. How else do you expect Republicans to create more billionaire failsons?