Trump’s second term isn’t just making the rich richer. It’s making the poor poorer.

They Do Have A Legislative Record

And it’s a disaster One year after President Donald Trump signed the law he dubbed the “One Big Beautiful Bill” on the South Lawn of the White House, it has begun reshaping the country — altering who gets help from the government and who goes without. The most consequential legislation of Trump’s second term reaches into nearly every corner of American life. It supercharges immigration enforcement, pouring billions into border security and deportations. It rewrites student loan rules. It dismantles tax incentives for electric vehicles and clean energy. It creates a national school-voucher tax credit. And at its core is a seismic shift: extending roughly 4.5 trillion in tax cuts disproportionately benefiting corporations and the wealthy over 10 years while cutting about 1.1 trillion from healthcare and food assistance programs serving poor and working-class people. It ultimately adds a projected 4.7 trillion to the national debt over the next decade. I’m so tired of winning but he just keeps forcing us. Luckily he insisted on that fatuous name so no one will ever forget whose work it was — along with the sycophants, toadies and henchmen who made it happen.

Fact-check: Trump credits stock market for $2B increase in wealth in 2025

Asked about a financial disclosure showing a 2 billion increase in his wealth, President Donald Trump said: Well, you know why I'm profiting? Because the stock market's going up — everybody's profiting. Do you have a 401(k)? So we're all profiting.

From poverty to prosperity: Why people move toward billionaire-rich nations – Patrick Phelps

From poverty to prosperity: Why people move toward billionaire-rich nations – Patrick Phelps

This Ridiculously Cheap Warren Buffett Stock Could Make You Richer

This iconic retailer has been executing its plan.

CHRISTOPHER STEVENS review: Filthy rich? If this millionaire chancer gets his way, we'll all be dirt poor...

CHRISTOPHER STEVENS review: Filthy rich? If this millionaire chancer gets his way, we'll all be dirt poor...

More than a billionaire — a trillionaire!

The saying “the rich get richer and the poor get poorer” is not just a cliché. It’s the truth. Take the case of the rotten, fascist, white supremacist known as Elon Musk. Before the Initial Public Offering of SpaceX stock he was “just” a multibillionaire. The sale of stock at . . . Continue reading More than a billionaire — a trillionaire! at Workers.org

One of the Most Polarizing Figures in Media Has a Book Out. I’m Not Sure It’s Even Meant to Be Read by Humans.

It must be tiring to be this right and this misunderstood and this rich, all at the same time.

For Larry Ellison, Buying Trump Is the Bargain of the Century

Jeet Heer The billionaire has gotten media dominance and cozy government deals for what amounts to chicken feed. The post For Larry Ellison, Buying Trump Is the Bargain of the Century appeared first on The Nation.

Your First 5 Potential Moves When Inherited Wealth Makes You Rich Overnight

Your First 5 Potential Moves When Inherited Wealth Makes You Rich Overnight

Tsipras’s EL.AS. party targets luxury cars, fast yachts, dividends and apartments with pools

Despite Alexis Tsipras’s promise that “this time” the middle class will not be taxed, comments from senior figures in his new left-wing party point to a very different approach towards wealth and high-end lifestyles The post Tsipras’s EL.AS. party targets luxury cars, fast yachts, dividends and apartments with pools appeared first on ProtoThema English.

US Taxation Is Fueled by Quiet Envy

Forget equity and fairness and reducing so-called wealth gaps. The current “tax-the-rich” movement is driven by an unspoken pathology: envy.

Billionaire Welfare Queens and Their Sycophants

We’ve all seen the memes: “You do not earn a billion dollars. You steal it. Nobody works a billion times harder than a nurse, a teacher or a farmer. That wealth comes from underpaying the people who actually did the work.” The other end of the spectrum is the slogan: “None of your problems are []

California Gov. Newsom Calls Wealth Gap A ‘Five-Alarm Fire,’ Demands Tax On Billionaires

California Gov. Gavin Newsom has called for a comprehensive overhaul of the American economic system, proposing a “national billionaires’ tax” and a “true economic reset” to prevent the consolidation of inherited wealth. In a Substack post titled “It’s Time For a National Billionaires’ Tax and a New Social Compact,” Newsom argued that federal, corporate, and [] California Gov. Newsom Calls Wealth Gap A ‘Five-Alarm Fire,’ Demands Tax On Billionaires

White House Melts Down After Trump Humiliation

Umit Bektas/ReutersThe White House has gone into full defense mode after Donald Trump was found taking credit for price cuts that had nothing to do with him.On Monday, the 80-year-old president posted on Truth Social that Walmart would be “lowering prices, by a lot, at my Administration’s request,” including cutting the cost of beef by 15 percent as part of the country’s 250th birthday celebrations.Trump took a victory lap, praising the announcement as a “huge deal” for millions of Americans suffering through a cost-of-living crisis. The president’s second term has been dogged by high food prices, despite Trump making lowering them a central pledge of his 2024 campaign.Read more at The Daily Beast.

Republicans let them eat lobster comment leaves sour taste

Rep.Troy Nehls has claimed that struggling Americans dont work hard enough to afford the delicacies he enjoysRepublican Representative Troy Nehls has been hammered for boasting about eating steaks and lobster tails on the Fourth of July, while his constituents struggle to make ends meet. Nehls added insult to injury by dismissing poor Americans as lazy.As he left Capitol Hill on Tuesday,

[Photo] 🇺🇸🇮🇷⚡️ — Trump via Truth Social:The headline in the Corrupt and Failing New York Time [...]

— Trump via Truth Social:The headline in the Corrupt and Failing New York Times: “What Changed After Almost 4 Months of War? Analysts Say Not Much.” REALLY? Their Military is DONE, their Navy is GONE, their Air Force is GONE, their Launching Pads, Missiles, Drones and Manufacturing of same, is almost GONE, their top two sets of Leaders are GONE, their Inflation is at 250, their Economy is BROKEN, their Soldiers aren’t being paid, the Hormuz Strait is OPEN, THE OIL IS GUSHING, and the U.S. Stock Market and Jobs are at record HIGHS. That’s what’s CHANGED, you corrupt and unethical cowards, and MORE!!!@IntelSlava

Top Three Videos – June 28, 2026

Politics as Power: Elites, Inflation, and the Austrian Answer...Jay Martin: The Dollar’s Replacement Won’t Be China...Chris Vermeulen: Why This Gold Pullback Could Create a HUGE Opportunity...

Quote of the day by George Soros: "The main difference between me and other people who have amassed this kind of money is…”

Quote of the day by George Soros: "The main difference between me and other people who have amassed this kind of money is…”

The Wealth Tax Is Popular but Faces Serious Obstacles

Billionaire wealth has doubled in five years, and there’s a growing movement to tax it. But there’s a problem: the fate of a national wealth tax may ultimately hinge on a few words buried in an arcane passage in the Constitution.

Data disputes President Donald Trump’s claim America’s economy is ‘winning like never before’

President Donald Trump is celebrating what he says is the strongest economy in American history, pointing to continued job growth and a surging stock market as evidence that the United States is outperforming expectations. Donald Trump brags about the economy In a recent Truth Social post, Trump declared the country is “winning like never before,”...

Bernie Sanders Saw This Coming

For decades, the senator has argued that concentrated wealth threatened American democracy. Now he’s betting that frustration with Big Tech, billionaires, and unchecked AI is reaching a tipping point.

How taxes on groceries are driving American families to hunger 

Hunger in America is not inevitable. It is the sum of choices — including the quiet, routine choice to tax the most basic necessity of all.

Moving Wealth Abroad? Here's How to Keep Your American Dream From Turning Into an Overseas Nightmare

Moving Wealth Abroad? Here's How to Keep Your American Dream From Turning Into an Overseas Nightmare

The Millionaire Boom Is Real - But So Is The Market Trap

The Millionaire Boom Is Real - But So Is The Market Trap

LAST WORD | A lesson in wealth management for those richest of the rich

Last Word: Weekly opinion column about world events

How The K-Shaped Economy Is Shaping CRE Allocations

The economy has become defined by its divide, with high earners fueling growth while everyone else tightens their budgets, creating what has been dubbed the K-shaped economy. Where dollars are going fuels where real estate prices rise, and the economic...

Amy Hamm: Remember when Katy Perry’s boyfriend tanked our economy?

Trudeau never looked at Canada the way he looks at her

World Cup visitors get it; the pope and socialists don’t * WorldNetDaily * by Laura Hollis

Source link Several things have taken place over the past week that shore up the importance of understanding what has truly made the United States of America the most prosperous

James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX

His early bet on the rocket company has likely made him much richer than his father Rupert Murdoch ever did.

LARRY KUDLOW: It’s time to cut the capital gains tax

It will add growth to the GOP message ahead of the midterms

YIKES! Newsom Just Endorsed a New National Wealth Tax, Signaling Huge Shift Toward Socialism

YIKES! Newsom Just Endorsed a New National Wealth Tax, Signaling Huge Shift Toward Socialism

Trump Promised Foreign Investment Boom. It's Getting Harder to Deliver...

Trump Promised Foreign Investment Boom. It's Getting Harder to Deliver... (First column, 3rd story, link) Related stories:Trade Deficit Widens Sharply... Drudge Report Feed needs your support! Become a Patron

Soak-the-Rich Politics Will Hit Kansas Main Street

“Tax the rich” sounds easy until lawmakers define “rich” broadly enough to hit the small business owner, farmer, physician, contractor, manufacturer, and family-owned shop trying to stay open in Kansas. That is the danger. Soak-the-rich politics is sold as a tax on billionaires. In practice, it becomes a tax on everyday people who own assets []

Newsom Claims to Support National Tax on Billionaires While Opposing It in CA

“Newsom does not want to tax billionaires,” said the Billionaire Tax Now campaign, “but he wants you to think he does.”

Benjamin Franklin, Champion of the Wealth Tax

When public needs were great, he wrote, its claim on the 'superfluous' property of the rich was strong and just.

‘I speak with millionaires on a daily basis, and they tell me that they want a wealth tax’

Wealth has become so concentrated that it’s damaging our society. Millionaires want that to change The post ‘I speak with millionaires on a daily basis, and they tell me that they want a wealth tax’ appeared first on Big Issue.

Millionaire Bill O'Reilly Tells Americans: 'Stop Yowling About Higher Prices'

At the end of Bill O'Reilly's Monday podcast (around the 20-minute mark), he castigated Americans for yowling about high prices because of Trump's inflationary policies and unnecessary war with Iran. Instead, he told people to shut up and get in the stock market. For multimillionaires, having disposable income is like breathing air on a nice day at the beach. Bill O unintentionally explained that Trump's policies only benefit the very rich, while causing hundreds of millions of people to suffer. O'REILLY: What do you think that the government is going to provide a comfortable living for you? Is that what you think? You'll get Social Security, but that eeks by. You want to live in a trailer? Stock market is the way to amass capital. I'm not a speculator. I My portfolio is doing great because Trump, his policies, appeal to the big companies, but 40 of Americans don't participate in capitalism and a lot of them are yowling about high prices? Come on. You get 4 inflation here. Live in the real world. So you younger people, you got to get into the stock market I haven't written about this blowhard for years, but he's still an arrogant prick. During his tenure at Fox News, he was paid between 15 and 25 million a year, and his net worth has been estimated at between 70 and 100 million. He cannot comprehend families trying to make ends meet, especially in their younger years. read more

Stay single. You'll be much happier. And richer [Obvious]

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MAGA pol brags about going to eat steak and lobster - and doesn’t care much that Americans can’t afford it

‘Affordability? What’re you talking about?’ Texas Republican Troy Nehls said

My super will soon hit the $2m cap. What should I do with the excess?

Once your super hits the cap, it’s not all doom and gloom, your investments will still have a very favourable tax treatment.