Ninjastic
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Edited on 31/07/2025, 16:04:51 UTC
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Oxfam analysis shows the wealth of the 10 richest U.S. billionaires increased by $365 billion in the past 12 months, based on data from Forbes. These billionaires stand to benefit even further from the House of Representatives’ reconciliation bill, which, if passed, would slash over $1 trillion in support for ordinary people in order to pay for an estimated $3.8 trillion in tax cuts skewed toward the ultra-wealthy and corporations.
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This newsnew budget will cut the educational and health support that the poor get from the government, and the money will be channelled to tax breaks enjoyed by the rich. With the reduction of funding to medical care and food aid, a large chunk of the income of low-income earners will be lost.

It's not surprising that Donald Trump chose to increase the wealth of billionaires while the common men struggle otto make ends meet. He is a billionaire and his circles will influence his policies. There were indications that some of his friends had prior knowledge about his tariff policies.  Some of them taketook advantage of this inside information to make more money.
Original archived Re: Trump's policies only helping the billionaire class
Scraped on 31/07/2025, 15:35:09 UTC
Quote
Oxfam analysis shows the wealth of the 10 richest U.S. billionaires increased by $365 billion in the past 12 months, based on data from Forbes. These billionaires stand to benefit even further from the House of Representatives’ reconciliation bill, which, if passed, would slash over $1 trillion in support for ordinary people in order to pay for an estimated $3.8 trillion in tax cuts skewed toward the ultra-wealthy and corporations.
Source
This news budget will cut the educational and health support that the poor get from the government, and the money will be channelled to tax breaks enjoyed by the rich. With the reduction of funding to medical care and food aid, a large chunk of the income of low-income earners will be lost.

It's not surprising that Donald Trump chose to increase the wealth of billionaires while the common men struggle ot make ends meet. He is a billionaire and his circles will influence his policies. There were indications that some of his friends had prior knowledge about his tariff policies.  Some of them take advantage of this inside information to make more money.