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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.
Source This new 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.
This is so right. Trump only cares about the billionaires and because of that he is not going to change. He also cares about super big companies, like blackrock etc, and who they say. They will definitely take their time to do this, and because of that, we are going to see it get worse and worse. He hasn't even finished first year of his term, and that means we have more than three years, and that should not be a bad deal, we have to focus on how to make that change, so we could get a better return.
Obviously it is not that complicated, and we could definitely get a better result from all of this in exchange. What we will see is a terrible period of three years, but it will overcorrect itself when 2028 elections come and we see a democrat win.
And the democrats only care about the small people, we've heard it a 100 times by people like you and it has never been true. Democrats only create more communist state-dependent slaves that will vote for them because of the aid that they receive, they never improve the living situation of the working class. Just elect the democrats one more time, surely that time will be different. Obviously it is not that complicated, and we could definitely get a better result from all of this in exchange. What we will see is a terrible period of three years, but it will overcorrect itself when 2028 elections come and we see a democrat win.
