@pvonhellermannn@mastodon.green
Post #3466187
2025-09-19 07:45 UTC
#FollowTheMoney 🧵73/n
American billionaires have reached $7.6 trillion of personal wealth , up $4.7 trillion (or 160%) in the less than eight years since the first Trump-GOP tax law was enacted in December 2017.
Most of that wealth increase has never been taxed and may never be under current law.
Number of billionaires grew from 551 to 905. But the top 15 - each worth over $100 billion– have seen their wealth grow by more than 300%.
https://americansfortaxfairness.org/billionaires-7-trillion/
Replies (1)
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@pvonhellermannn@mastodon.green 2025-10-25 18:25
#FollowTheMoney 🧵74/n Just finished listening to this 2part #TheDig podcast interview with Melinda Cooper about her book “Counterrevolution. Extravagance and Austerity in Public Finance”, and really cannot recommend it enough. A really excellent, grounded and stimulating account of the neoliberal “counterrevolution” as a deliberate project carried out over several decades by different political actors making fiscal choices that reshaped economy, values and politics https://podcasts.apple.com/gb/podcast/the-dig/id1043245989?i=1000729326228