President Donald Trump can’t decide if taxing the ultra rich is worth it. In a Friday morning Truth Social post, the president wrote that “Republicans should probably not do it, but I’m OK if they do!!!” “The problem with even a ‘TINY’ tax increase for the RICH, which I and …
Read More »Billionaires Are Hoarding Trillions in Untaxed Wealth. They Want the Supreme Court to Keep It That Way
America’s wealthiest families held an astounding $8.5 trillion in untaxed profits in 2022. According to a report from the nonprofit Americans for Tax Fairness, which analyzed Federal Reserve data, “one in every six dollars (18 percent of the nation’s unrealized gains is held by these roughly 64,000 ultra-wealthy households, who …
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