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Sahwa@reddthat.com to News@lemmy.world · 5 months ago

America’s wealthiest billionaires got $698 billion richer this year, while the average home earned $83,000—and the gap's set to get wider under Trump

fortune.com

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America’s wealthiest billionaires got $698 billion richer this year, while the average home earned $83,000—and the gap's set to get wider under Trump

fortune.com

Sahwa@reddthat.com to News@lemmy.world · 5 months ago
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America’s wealthiest billionaires got $698 billion richer this year—and Trump's tax policy could give them a new windfall | Fortune
fortune.com
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The top 10 richest U.S. billionaires took home 833,631x more money than the typical American home, and inequality could get worse thanks to President Donald Trump’s tax changes, job scarcity, and a looming recession
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  • Reality_Suit@lemmy.world
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    5 months ago

    Beyond race, religion, or sexual preference, wealth is the problem and those that hold the most are the worst problem. We need to start fighting against rich people. I’m tired of watching the rich and wealthy get away with everything and nothing happens to them.

    Let’s make something happen to them.

    • GlitchyDigiBun@lemmy.world
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      5 months ago

      Dem primaries. Burn the neolibs. Make a progressive party.

      • tornavish@lemmy.cafe
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        5 months ago

        Voting is no longer a tactic. This has been established.

        • GlitchyDigiBun@lemmy.world
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          5 months ago

          We literally get to find out tonight if that is true.

    • SocialMediaRefugee@lemmy.world
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      5 months ago

      Guillotines?

    • tornavish@lemmy.cafe
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      5 months ago

      Not everyone has the skills to accomplish Action successfully. If you don’t feel like doing anything yourself directly, you could help to identify the locations in which these people will be, or their home Addresses, etc.

      Little things go a long way! 💪

      • scintilla@crust.piefed.social
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        5 months ago

        Also not everyone is a leader and that is absolutely fine. Find someone you can back 100% and go all in with them.

        • tornavish@lemmy.cafe
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          5 months ago

          I do caution Against putting 100% faith in anyone or anything.

          But, even if you don’t want to be a leader, which is very understandable, Be sure to sprinkle a little bit of information. You don’t have to harvest the garden even if you plant the seeds.

          For example, airbag squibs make excellent detonators. Sprinkle sprinkle 😇

  • Kindness is Punk@lemmy.ca
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    5 months ago

    Shocker. Billionaires always capture wealth in economic downturns.

    Just look at the years following the 2008 financial crisis.

  • WanderWisley@lemmy.world
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    5 months ago

    America is a 3rd world country wearing a Gucci belt.

  • Kairos@lemmy.today
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    5 months ago

    This is over $2000 a PERSON in wealth. Just this year.

    • SupahRevs@lemmy.world
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      5 months ago

      Wow. So this would be like an extra $5,000 per household per year. With half of that money, we could eliminate all property taxes in the entire US.

      • Kairos@lemmy.today
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        5 months ago

        https://inequality.org/article/billionaire-wealth-up-88-percent-over-four-years/

        At 3 trillion is $10,000 a person. For less than 1000 people.

        Edit: oh wait no 5.5 trillion. So about 17 thousand a person.

  • ceoofanarchism@lemmy.dbzer0.com
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    5 months ago

    They are obviously just working that much harder than everyone else. Just stop being lazy. /s

  • mrgoosmoos@lemmy.ca
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    5 months ago

    so, going as planned, then

  • SocialMediaRefugee@lemmy.world
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    5 months ago

    Finally, America will have the aristocracy it has always wanted.

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