Published on: 04/28/2026
This news was posted by Oregon Today News
Description
American oligarchs, also known as billionaires, just reaped one of the greatest wealth transfers in history, thanks to President Donald Trump’s Big Beautiful Bill. According to the Congressional Budget Office, this legislation will add trillions to the national debt. The wealthiest Americans don’t pay their fair share of taxes. An analysis of Forbes data by Americans for Tax Fairness showed that U.S. billionaires saw their fortunes balloon by $1.5 trillion in 2025, yet many pay an effective tax rate under 4%. In the 1950s, top marginal tax rates were 91%.
News Source : https://www.oregonlive.com/opinion/2026/04/readers-respond-stop-wars-demand-tax-reform.html
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