Friday 29 January 2021

Opinion: I'm one of the 1%. We should support Biden in raising our taxes

I expected the wealthy would do well under Donald Trump, but not as grotesquely well as those of us in the top 1% have done. From the day Trump won in 2016 to the day he lost in 2020, the stock markets were up at least $12.7 trillion, which means that the top 1% of the 128.5 million US households -- the 1.28 million that own 51% of the stock market -- could each have gotten richer by an average of around $5 million.


from CNN.com - RSS Channel - HP Hero https://www.cnn.com/2021/01/29/opinions/biden-raise-taxes-billionaires-macintosh/index.html
via https://www.cnn.com/index.html

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