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Pauline von Hellermann
@pvonhellermannn@mastodon.green  ·  activity timestamp last month

#FollowTheMoney 🧵73/n

American billionaires have reached $7.6 trillion of personal wealth , up $4.7 trillion (or 160%) in the less than eight years since the first Trump-GOP tax law was enacted in December 2017.

Most of that wealth increase has never been taxed and may never be under current law.

Number of billionaires grew from 551 to 905. But the top 15 - each worth over $100 billion– have seen their wealth grow by more than 300%.

https://americansfortaxfairness.org/billionaires-7-trillion/

Americans For Tax Fairness

Most Of Billionaires’ $7.6 Trillion Has Never Been Taxed

Total Billionaire Wealth Is Up 160% Since First Trump Tax Law; Proposed New Levy Would Finally Tax Unrealized Gains of the Wealthiest American billionaires reached a record breaking $7.6 trillion of personal wealth as of Labor Day 2025, up $4.7 trillion (or 160%) in the less than eight years since the first Trump-GOP tax law …
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