The Damage Report
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Trump Tax Scheme UNRAVELS In Alarming Billionaire Report Over Disaster Surge
Posted
May 24, 2025
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5:35Now PlayingDonald Trump's disastrous bill proves insane new tax cuts for the wealthiest Americans, including top 10 billionaires who were exposed by an unimaginable report revealing their recent financial surge, which will now get even higher through Trump's bill, while Medicaid, food assistance and other critical benefit programs for the public get cut. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Read more here:
Top 10 wealthiest American men collectively earned extra $1B a day, report says, as Trump pushes tax cuts
"The top 10 wealthiest billionaires in the U.S. collectively became $1 billion richer every day last year, new analysis has shown.
The group – which includes allies of Donald Trump, including tech bosses Elon Musk, Jeff Bezos and Mark Zuckerberg – saw an increase in their collective wealth of $365 billion over the last 12 months.
It comes as House Republicans narrowly passed the measure, known as Trump’s “big, beautiful bill” early Thursday morning. The bill looks to slash taxes for the mega-rich, while making cuts to Medicaid and food assistance programs."
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