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181 new news items in the last 24 hours
3 November 16:05

The ten richest people in the USA have earned approximately 700 billion dollars since Trump's return to power, amplifying economic inequality.

Radu Burcă
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International
https://informat.ro/international/trump-acuza-democratii-de-inchiderea-guvernului-si-lipsa-unui-plan-de-sanatate-88454

A recent report shows that the ten richest people in the United States have seen their fortunes increase by $700 billion since Donald Trump's return to the presidency. This is attributed to the signing of the Big, Beautiful Bill, which reduced taxes for corporations and billionaires, while taxes for low-income households are expected to rise. Oxfam America stated that this law has facilitated one of the largest upward wealth transfers in recent decades.

The report also highlights that, despite the increase in billionaires' wealth, over 40% of the population lives on a low income. Senator Elizabeth Warren commented that the richest pay almost nothing in taxes and suggested measures to reduce inequality. Oxfam America's president, Abby Maxman, added that the data confirms the existence of an "American oligarchy." The report also mentions that the Trump family has gained $3.4 billion during his two terms, highlighting the close ties between billionaires and the Trump administration.

Sources

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independent.co.uk
America’s top 10 richest saw their wealth grow by $700 billion combined under Trump: report
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Antena3
Averea totală a celor mai bogați 10 miliardari din SUA a crescut cu 698 de miliarde de dolari doar în ultimul an
The daily Beast
Wealth of America’s Richest Billionaires Rockets Under Trump
The Guardian
Top 10 US billionaires’ collective wealth grew by $698bn in past year – report

ȘTIRI PE ACELEAȘI SUBIECTE

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Arts & Lifestyle
Billie Eilish urged billionaires to donate their money at the Innovator Awards, highlighting economic inequality and announcing a personal donation of 11.5 million dollars.
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International
Donald Trump organized a dinner to thank the billionaires who donated for a ballroom of 250 million dollars at the White House
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International
CNBC Survey: Americans' confidence in the economy has decreased, with a 42% approval rating for Trump amid inflation and concerns about jobs.
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International
Banks and merchants in the US are facing a shortage of one-cent coins after Trump's decision to halt production, causing chaos in commerce.
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International
The trade war between the USA and China overshadows the prospects of the global economy
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Donald Trump USA billionaires Top Billionaires tax

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