Mallory McMorrow Member of the Michigan Senate exposed how Donald Trump’s big, terrible bill is the largest transfer of wealth from the lower class to the wealthiest 1%.
Isn't this true of pretty much all bills? Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I'm surprised a factual post like this got 2 downvotes. Seems like 2 users don't like revealing the truth about the ways rich assholes are destroying the middle class.
Isn't this true of pretty much all bills?
No - the 'big beautiful bill' is one of several since the Reagan Admin that pushed the lie of 'trickle-down economics' while directing $millions to the wealthiest 10%, but as we know the money is hoarded and used to create monopolies, rather than to help Americans. 900 Billionaires in the US can afford to pay their fair share of taxes, but don't pay much of anything. Many bills are for other matters.
Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
It did much more than that, and gave everyone an option to get insurance (part of the Affordable Care Act). This helped people who could not otherwise afford or get insurance. Now, because of cuts to the ACA, millions will die or continue with chronic illnesses because they cannot afford insurance.
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I've never seen that statistic, and I think there is much more legislation than that (https://www.congress.gov/). There are helpful charts online that show over-spending, massive debts, and massive tax breaks for the wealthy during Republican-led governments, contrasted with job growth, infrastructure improvements, balanced budgets, and the paying down of the debt during Democrat-let governments.
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Isn't this true of pretty much all bills? Obamacare paid subsidies directly to insurance providers and mandated people be their customer. How is that not a wealth transfer to insurance companies?
Every bill, whether it has an R or D attached to it is just lobbied people statuting a wealth transfer to themselves. That's what 80% of legislation is in a republic.
I'm surprised a factual post like this got 2 downvotes. Seems like 2 users don't like revealing the truth about the ways rich assholes are destroying the middle class.
No - the 'big beautiful bill' is one of several since the Reagan Admin that pushed the lie of 'trickle-down economics' while directing $millions to the wealthiest 10%, but as we know the money is hoarded and used to create monopolies, rather than to help Americans. 900 Billionaires in the US can afford to pay their fair share of taxes, but don't pay much of anything. Many bills are for other matters.
It did much more than that, and gave everyone an option to get insurance (part of the Affordable Care Act). This helped people who could not otherwise afford or get insurance. Now, because of cuts to the ACA, millions will die or continue with chronic illnesses because they cannot afford insurance.
I've never seen that statistic, and I think there is much more legislation than that (https://www.congress.gov/). There are helpful charts online that show over-spending, massive debts, and massive tax breaks for the wealthy during Republican-led governments, contrasted with job growth, infrastructure improvements, balanced budgets, and the paying down of the debt during Democrat-let governments.