How much does Trump gain personally from his tax-breaks legislation? Answer - millions of dollars. How much will other U.S. millionaires like Jared Kushner,gain from these tax breaks? Answer: millions of dollars. https://www.theguardian.com/us-news/2017/dec/20/trump-tax-bill-savings-analysis
Is the wealth gap increasing or decreasing?
In 2018, the Oxfam report said that the wealth gap continued to widen in 2017, with 82% of global wealth generated going to the wealthiest 1%. The 2019 Oxfam report said that the poorest half of the human population has been losing wealth (around 11%) at the same time that a billionaire is minted every two days.
Fairness test : https://www.youtube.com/watch?v=meiU6TxysCg (3 minutes - TED audience laughs)
In your opinion, what percentage of U.S. voters want to halt the widening gap between the rich and the poor?
Hmmmm . . . I suppose we have convinced ourselves that some people are more equal than others.
Paul Bloom made a good point that the “billionaires shouldn’t exist” line of thought that is percolating around in some political corners is bad messaging to Americans (if not everyone).
Are any politicians saying ”sure billionaires can exist, I just want them to pay higher tax rates than their administrative assistants”?