Billionaires are $2.2 Trillion Richer Since 2017 Trump Tax Giveaway

[odanny]

Of course, in another '**** You' choice, Trump picks billionaire Hedge Fund CEO Scott Bessnet to head the Treasury Dept.

Prepare for another Trump giveaway to the Elon Musk's of America, while poor white trash cheer themselves hoarse in favor of more tax cuts for the wealthiest people on earth.

As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary: Hedge fund CEO Scott Bessnet.

Bessnet, a billionaire who provided both economic advice and substantial financial contributions to Trump’s campaign, is divergent from some of the president-elect’s other loyalty-based selections in that he’s a traditional insider. Indeed, notable MAGA toadie Elon Musk derided the selection of Bessent as a “business-as-usual choice.”

But the potential treasury secretary is very much in line with Trump’s economic philosophy . According to The New York Times, Bessnet won a “knife fight” to get the Treasury nod by pitching Trump on a so-called “3-3-3” economic approach: cutting the deficit by 3%, increasing GDP growth by 3% and incentivizing oil production to reach 3 million barrels per day.

Bessent is also one of the strongest proponents of reviving Trump’s 2017 tax cuts, which enriched the country’s billionaires by some $2.2 trillion.

Trump treasury pick signals new giveaways to the 1%

And despite speculation, former Michigan Congressman Mike Rogers is out as potential head of FBI. As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary...

thelede.heartlandsignal.com

Billionaires Are $2.2 Trillion Richer Since 2017 Trump-GOP Tax Law - Americans For Tax Fairness

Richest 748 Americans’ Wealth Up 77% Since Cuts Passed, Tops $5 Trillion; Debt Caused by Trump Tax Cuts Now Used By GOP As Excuse to Cut Services The collective fortune of America’s 748 billionaires topped $5 trillion in September 2023, a near record high, and up an astounding $2.2 trillion...

americansfortaxfairness.org

 

[MarathonMike]

Billionaires get richer for lots of reasons. They are billionaires. Hope that helps.

 

[pknopp]

Biden and the Democrats crowed over and over and over and over how they were going to make the "rich pay their fair share" and then did................................nothing.

 

[Oddball]

Great moments in post hoc ergo propter hoc.

 

[shockedcanadian]

Trump hasn't been in office since 2020.

 

[Toddsterpatriot]

Of course, in another '**** You' choice, Trump picks billionaire Hedge Fund CEO Scott Bessnet to head the Treasury Dept.

Prepare for another Trump giveaway to the Elon Musk's of America, while poor white trash cheer themselves hoarse in favor of more tax cuts for the wealthiest people on earth.


View attachment 1046580


As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary: Hedge fund CEO Scott Bessnet.

Bessnet, a billionaire who provided both economic advice and substantial financial contributions to Trump’s campaign, is divergent from some of the president-elect’s other loyalty-based selections in that he’s a traditional insider. Indeed, notable MAGA toadie Elon Musk derided the selection of Bessent as a “business-as-usual choice.”

But the potential treasury secretary is very much in line with Trump’s economic philosophy . According to The New York Times, Bessnet won a “knife fight” to get the Treasury nod by pitching Trump on a so-called “3-3-3” economic approach: cutting the deficit by 3%, increasing GDP growth by 3% and incentivizing oil production to reach 3 million barrels per day.

Bessent is also one of the strongest proponents of reviving Trump’s 2017 tax cuts, which enriched the country’s billionaires by some $2.2 trillion.

Trump treasury pick signals new giveaways to the 1%

And despite speculation, former Michigan Congressman Mike Rogers is out as potential head of FBI. As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary...

thelede.heartlandsignal.com

Billionaires Are $2.2 Trillion Richer Since 2017 Trump-GOP Tax Law - Americans For Tax Fairness

Richest 748 Americans’ Wealth Up 77% Since Cuts Passed, Tops $5 Trillion; Debt Caused by Trump Tax Cuts Now Used By GOP As Excuse to Cut Services The collective fortune of America’s 748 billionaires topped $5 trillion in September 2023, a near record high, and up an astounding $2.2 trillion...

americansfortaxfairness.org

What was the Trump Tax Giveaway?​

 

[Thunk]

The billionaires got richer under obama & biden than they ever did under Trump!

Even Oprah just walked away with a cool mil

 

[Rawley]

Of course, in another '**** You' choice, Trump picks billionaire Hedge Fund CEO Scott Bessnet to head the Treasury Dept.

Prepare for another Trump giveaway to the Elon Musk's of America, while poor white trash cheer themselves hoarse in favor of more tax cuts for the wealthiest people on earth.


View attachment 1046580


As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary: Hedge fund CEO Scott Bessnet.

Bessnet, a billionaire who provided both economic advice and substantial financial contributions to Trump’s campaign, is divergent from some of the president-elect’s other loyalty-based selections in that he’s a traditional insider. Indeed, notable MAGA toadie Elon Musk derided the selection of Bessent as a “business-as-usual choice.”

But the potential treasury secretary is very much in line with Trump’s economic philosophy . According to The New York Times, Bessnet won a “knife fight” to get the Treasury nod by pitching Trump on a so-called “3-3-3” economic approach: cutting the deficit by 3%, increasing GDP growth by 3% and incentivizing oil production to reach 3 million barrels per day.

Bessent is also one of the strongest proponents of reviving Trump’s 2017 tax cuts, which enriched the country’s billionaires by some $2.2 trillion.

Trump treasury pick signals new giveaways to the 1%

And despite speculation, former Michigan Congressman Mike Rogers is out as potential head of FBI. As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary...

thelede.heartlandsignal.com

Billionaires Are $2.2 Trillion Richer Since 2017 Trump-GOP Tax Law - Americans For Tax Fairness

Richest 748 Americans’ Wealth Up 77% Since Cuts Passed, Tops $5 Trillion; Debt Caused by Trump Tax Cuts Now Used By GOP As Excuse to Cut Services The collective fortune of America’s 748 billionaires topped $5 trillion in September 2023, a near record high, and up an astounding $2.2 trillion...

americansfortaxfairness.org

Psst Biden's been President for the last four years.

 

[Cellblock2429]

Of course, in another '**** You' choice, Trump picks billionaire Hedge Fund CEO Scott Bessnet to head the Treasury Dept.

Prepare for another Trump giveaway to the Elon Musk's of America, while poor white trash cheer themselves hoarse in favor of more tax cuts for the wealthiest people on earth.


View attachment 1046580


As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary: Hedge fund CEO Scott Bessnet.

Bessnet, a billionaire who provided both economic advice and substantial financial contributions to Trump’s campaign, is divergent from some of the president-elect’s other loyalty-based selections in that he’s a traditional insider. Indeed, notable MAGA toadie Elon Musk derided the selection of Bessent as a “business-as-usual choice.”

But the potential treasury secretary is very much in line with Trump’s economic philosophy . According to The New York Times, Bessnet won a “knife fight” to get the Treasury nod by pitching Trump on a so-called “3-3-3” economic approach: cutting the deficit by 3%, increasing GDP growth by 3% and incentivizing oil production to reach 3 million barrels per day.

Bessent is also one of the strongest proponents of reviving Trump’s 2017 tax cuts, which enriched the country’s billionaires by some $2.2 trillion.

Trump treasury pick signals new giveaways to the 1%

And despite speculation, former Michigan Congressman Mike Rogers is out as potential head of FBI. As markets opened this Monday with an uptick in stock and bond trading, Wall Street appeared excited over the prospect of President-elect Donald Trump’s recent selection for treasury secretary...

thelede.heartlandsignal.com

Billionaires Are $2.2 Trillion Richer Since 2017 Trump-GOP Tax Law - Americans For Tax Fairness

Richest 748 Americans’ Wealth Up 77% Since Cuts Passed, Tops $5 Trillion; Debt Caused by Trump Tax Cuts Now Used By GOP As Excuse to Cut Services The collective fortune of America’s 748 billionaires topped $5 trillion in September 2023, a near record high, and up an astounding $2.2 trillion...

americansfortaxfairness.org

/—-/ You have $100 in your pocket. I rob you, but give you $20 back so you can get home. Is that $20 a give away?

 

[The Irish Ram]

The billionaires got richer under obama & biden than they ever did under Trump!

Even Oprah just walked away with a cool mil

2.5 mil when the truth came out.

 

[Thunk]

2.5 mil when the truth came out.

Really? I missed that!

 

[odanny]

Billionaires get richer for lots of reasons. They are billionaires. Hope that helps.

The simple logic of the cult.

Hell, you've already been given a primer, do you need your nose rubbed in it too?


With the renewal of Trump’s signature tax cuts looming, Bessnet would be a key ally in pushing for a new 10-year lease on the fiscal plan. Should that renewal take place, it would cost the federal government some $4 trillion in income over the next decade. Republicans like Bessent have claimed that the economic growth the tax cuts would encourage will offset such losses, but that was not how things played out during Trump’s first term.

Instead, the Tax Cuts and Jobs Act contributed significantly to the deficit, all while funneling heaps of cash to the country’s financial elite. And with potential cuts to social spending on the horizon, such deficit encouragement could potentially be used to justify austerity.

 

[1srelluc]

I'm a lot more concerned about the trillions in grift the dems gave to their leftist cronies in the past four years.

Lock downs, not a vaccine mandatory clot shot requirements, climate change hoax, NGOs, unions, broadband for nobody, eight EV chargers, 7% occupancy of fed buildings, billions heaped upon billions for Lesser Russia, and 101 other examples of evil dem grift and waste.

So why the blue **** should I be concerned about what some billionaire makes?

Bugger-off OP.

 

[Hector12]

I am a New Deal Democrat. I want higher taxes for the rich, strong labor unions, a high minimum wage, more punishment for criminals, fewer immigrants, no affirmative action programs, no racial reparations, and no welfare checks for unmarried women and their illegitimate children.

 

[Toddsterpatriot]

The simple logic of the cult.

Hell, you've already been given a primer, do you need your nose rubbed in it too?


With the renewal of Trump’s signature tax cuts looming, Bessnet would be a key ally in pushing for a new 10-year lease on the fiscal plan. Should that renewal take place, it would cost the federal government some $4 trillion in income over the next decade. Republicans like Bessent have claimed that the economic growth the tax cuts would encourage will offset such losses, but that was not how things played out during Trump’s first term.

Instead, the Tax Cuts and Jobs Act contributed significantly to the deficit, all while funneling heaps of cash to the country’s financial elite. And with potential cuts to social spending on the horizon, such deficit encouragement could potentially be used to justify austerity.

Should that renewal take place, it would cost the federal government some $4 trillion in income over the next decade.

How much did it "cost" the federal government already?

 

[odanny]

I am a New Deal Democrat. I want higher taxes for the rich, strong labor unions, a high minimum wage, more punishment for criminals, fewer immigrants, no affirmative action programs, no racial reparations, and no welfare checks for unmarried women and their illegitimate children.

Yea, the real Moral Majority, those of us not in a trance of obedience, walking purposely towards cliff's edge.

 

[wamose]

I paid $2500 less a year with the Trump tax cuts. $80K a year doesn't make me a trillionaire, billionaire or even a millionaire.

 

[pknopp]

I paid $2500 less a year with the Trump tax cuts. $80K a year doesn't make me a trillionaire, billionaire or even a millionaire.

And the debt continued to grow and grow and grow.

 

[Cellblock2429]

And the debt continued to grow and grow and grow.

/----/ Cut spending. Problem solved.

 

[pknopp]

/----/ Cut spending. Problem solved.

That didn't happen did it? The debt continued to grow and grow and grow.