While we're struggling and distracted by fear of big government, big billionaires are sucking the country dry
Shouldn't they pay their fair share like you do?
While tens of millions of Americans are now facing economic desperation – unemployment, loss of healthcare, evictions, hunger – [u]the very rich are becoming much richer[/u]. Here are three figures that should come as a shock to everyone in America:
[b]$13,000,000,000. [/b]That’s how much Jeff Bezos, the wealthiest man alive, [u]made in one day[/u] while the companies he owns denies paid sick leave, hazard pay and a safe workplace to hundreds of thousands of his workers.
[b]$21,000,000,000.[/b] That’s how much the Walton family, the richest family in America, made over the past 20 weeks [u]while US taxpayers continue to subsidize the starvation wages at Walmart[/u], the largest private employer in America.
[b]$731,000,000,000.[/b] That’s how much the wealth of [u]467 billionaires increased since the Federal Reserve started taking emergency actions[/u] to prop up the stock market in March.
Incredibly, thanks to President Trump’s tax giveaway to the rich signed into law a few years ago, billionaires now pay a lower effective tax rate than teachers, nurses, firefighters or truck drivers.
The extraordinary wealth gains that billionaires have made during the pandemic come at a time when 92 million Americans are uninsured or underinsured and tens of millions of Americans are facing evictions or foreclosures.
At a time when so many of our people are struggling economically, it is morally obscene that a tiny handful of billionaires – the top 0.0001% – are using a global pandemic as an opportunity to make outrageous profits after receiving a de facto bailout by the Federal Reserve.
(sourced)
While tens of millions of Americans are now facing economic desperation – unemployment, loss of healthcare, evictions, hunger – [u]the very rich are becoming much richer[/u]. Here are three figures that should come as a shock to everyone in America:
[b]$13,000,000,000. [/b]That’s how much Jeff Bezos, the wealthiest man alive, [u]made in one day[/u] while the companies he owns denies paid sick leave, hazard pay and a safe workplace to hundreds of thousands of his workers.
[b]$21,000,000,000.[/b] That’s how much the Walton family, the richest family in America, made over the past 20 weeks [u]while US taxpayers continue to subsidize the starvation wages at Walmart[/u], the largest private employer in America.
[b]$731,000,000,000.[/b] That’s how much the wealth of [u]467 billionaires increased since the Federal Reserve started taking emergency actions[/u] to prop up the stock market in March.
Incredibly, thanks to President Trump’s tax giveaway to the rich signed into law a few years ago, billionaires now pay a lower effective tax rate than teachers, nurses, firefighters or truck drivers.
The extraordinary wealth gains that billionaires have made during the pandemic come at a time when 92 million Americans are uninsured or underinsured and tens of millions of Americans are facing evictions or foreclosures.
At a time when so many of our people are struggling economically, it is morally obscene that a tiny handful of billionaires – the top 0.0001% – are using a global pandemic as an opportunity to make outrageous profits after receiving a de facto bailout by the Federal Reserve.
(sourced)
61-69, M
