SNAP benefits slashed to give tax cuts to billionaires: Meet the top 50 with this free app
Follow DemLabs on our NEW social media! SNAP benefits slashed for tax cuts to billionaires: Meet the top 50 with this free app SNAP Cuts in Republican OBBBA/H.R. 1 bill: Billionaires Win, Working Families Lose. The law shifts wealth upward on an unprecedented scale, cutting food assistance and health care coverage for millions to pay for massive tax breaks for billionaires and large corporations. — FRAC By the Numbers: Harmful Republican Megabill Takes Food Assistance Away From Millions of People — CBPP Billionaires in the U.S. pay a smaller tax rate than most teachers and retail workers. Thanks to a tax code that favors income from wealth over income from work—and a slew of tax-avoidance strategies—the richest among us end up paying a smaller percentage of their income to the federal government than most working families. In 2024, billionaire wealth increased by $1.4 trillion OR $3.9 billion per day . This created 74 new billionaires. The wealthiest 400 billion...