In the last year, the ten richest men in America are 698 billion dollars richer

It may not be entirely accurate, but it’s close.

As of 2025, a significant portion of the U.S. population faces severe financial strain, with 70% of American households classified as financially unhealthy, largely due to unaffordable housing, stagnant wages, and high living costs. The median price of a new single-family home is $495,750, and 77% of U.S. households cannot afford this price point based on a 6.5% mortgage rate, highlighting a deepening affordability crisis. This financial pressure is compounded by the fact that 67% of Americans live paycheck to paycheck, a figure that has increased from 63% in 2024, reflecting ongoing struggles with inflation, rising housing and healthcare costs, and an uncertain job market.

  • 77% of U.S. households cannot afford a median-priced new home priced at $495,750, based on a 6.5% mortgage rate.
  • 70% of American households are financially unhealthy, with 67% of Americans living paycheck to paycheck as of 2025, up from 63% in 2024.
  • The claim that 140 million Americans are poor or low-income is not supported by the provided context, which instead reports that 70% of households cannot afford a median-priced home, a figure that reflects financial hardship but not a direct measure of poverty.
  • Approximately 14 million Americans owe medical debt, with about 14 million adults (6%) owing over $1,000 and roughly 3 million (1%) owing more than $10,000, though the context does not confirm a figure of 100 million Americans with medical debt.
/---/ OK, thanks. What is the source?
 

How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy​

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Well shit head, I worked 56 years as a millwright. Retired from a steel mill at 76. And am enjoying a comfortable well earned retirement. The only free shit I ever got was the genetics to be active and healthy in my 80's. However, I see the homeless, I see young people working their butts off, both husband and wife, and still unable to own a home. I see fat well fed corrupt politicians insisting that a minimum wage of $7.25 is enough. And, most important, I see education, whether trades or academic, becoming increasingly out of the reach of our young people. In the meantime, we have billionaires paying a much smaller percentage of their income in taxes than do the working people. Billionaires buying $500,000,000 yachts while newly married young people wonder whether they can ever afford to have children. With both of them working.

We had a very different tax structure in the 1950's. We built huge infrastructure projects, and I never saw one millionaire missing a meal. A working husband then could afford a house and automobile, with his wife staying home and taking care of the children, not having to work just to survive. What we have now is an oligarchy in this nation. Fast approaching fascism, with an incipient secret police force in the form of ICE.
When Libs say “I miss the all white 1950’s when life was AWESOME, lets take shit back to the 50’s”…I always have to ask…”I thought you said the racist 1950’s totally sucked?”
You have to wonder if the tards ever listen to themselves speak.
 

How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy​

With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies and wealthiest investors.

The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations.

The primary target: The administration is rapidly gutting a 2022 law intended to ensure that a sliver of the country’s most profitable corporations pay at least some federal income tax. The provision, the corporate alternative minimum tax, was passed by Democrats and signed into law by President Joseph R. Biden Jr. It sought to stop corporations like Microsoft, Amazon and Johnson & Johnson from being able to report big profits to shareholders yet low tax liabilities to the federal government. It was projected to raise $222 billion over a decade.

But the succession of notices the Treasury and I.R.S. have issued beginning this summer means the tax could bring in a fraction of that.


The backdrop being the SC has issued a temporary stay on the order to pay SNAP benefits in full.
/----/ Total bullshyt. As it has been patiently explained to you libtards on a third-grade level, the president can not hand out tax breaks; only Congress has that power.
You want proof???? Well, I'll give you proof. President Trump wants to cut off Treasury payments to mega insurance companies. He can't do it on his own-only Congress can.
Understand now?
 
/----/ I agree with you about the debt, but I can't upvote your posts because of your irrational hatred of Israel. I'm not Jewish, I'm Catholic.
Yeah Zionist Christians are the worst. Dumber than dumb.

I hope you go to mass today and ask Jesus for more murdered Palestinian babies. Let me know his response if you get one.

Hating a nation committing genocide is now seen as irrational. Orwell lives on…..
 
berg80
Yeah Zionist Christians are the worst. Dumber than dumb.

I hope you go to mass today and ask Jesus for more murdered Palestinian babies. Let me know his response if you get one.

Hating a nation committing genocide is now seen as irrational. Orwell lives on…..
/----/ "more murdered Palestinian babies. "
That would be on Hamas. Israel was protecting them. Try and keep up with the news.

Video shows Hamas fighters executing Palestinians accused of ...


Oct 16, 2025 · In one video obtained by CBS News on Wednesday, Hamas fighters can be seen among armed men standing over Palestinians they accused of being gang members collaborating with Israel.
 
15th post
berg80

/----/ "more murdered Palestinian babies. "
That would be on Hamas. Israel was protecting them. Try and keep up with the news.

Video shows Hamas fighters executing Palestinians accused of ...


Oct 16, 2025 · In one video obtained by CBS News on Wednesday, Hamas fighters can be seen among armed men standing over Palestinians they accused of being gang members collaborating with Israel.
Lol. How does one get so ******* dumb?

Keep posting Zionist propaganda dupe!
 
The effective tax rate for the top 0.01% of households was around 55-68% in the 1950s and 1960s. This was during a period that corresponds to a time of broad-based economic expansion. Didnt stop growth. Just pushed more wealth down.

So we need to eliminate wealth.

Got it.
 
NEVER worked..............ONCE........In 45 years.......Q-NUT.
Reagan:

20 million new jobs

Inflation down from 13.5% to 4.1

Unemployment down from y.6% to 5.5%

GDP up 26%

Prime rate down from 21% to 10%


1% spending growth.

 
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