Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.President Donald Trump has broken his economic promises and enriched the wealthy at the expense of most Americans, Democratic presidential candidate Michael Bloomberg said"Too much wealth is in too few hands," the billionaire boss of Bloomberg LP and former New York City mayor said. "Nearly all the money goes to people like me, who don't need it.
Moreover, middle-class Americans are "being squeezed by higher prices on everything from health care to housing," Bloomberg said. Workers' share of national income compared to investors has also shrunk to a near-record low, he added. "Too much wealth is in too few hands," he argued. Trump's sweeping tax cut has only exacerbated the problem, he added, as "nearly all the money goes to people like me, who don't need it."as a way to tackle rising inequality.In his column, Bloomberg accused Trump of reneging on his promises to American workers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
You don’t need the government to correct this Mike Bloomberg. If you feel convicted over your wealth, then share it. It’s really that simple. You can private message me if you’d like. I’ll take some off your hands. Actions speak louder than words.
A billionaire presidential candidate is criticizing a billionaire president about giving tax cuts to the billionaires... Really?
So let’s raise taxes and go back to a sluggish economy, because that helps wages rise.
Hi
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook deepfake policy could fall short - Business Insider - Business InsiderUnder Facebook's new policy, users cannot post videos that are manipulated through AI or altered in a way that is misleading to the 'average' person.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Impossible Foods CEO calls reports of company backing out of McDonald's deal 'complete bulls**t'CEO Patrick Brown told Business Insider on Wednesday that the company would 'never blow off or disrespect a potential customer.' Is that what one ends up looking like eating those things?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Barneys workers describe theft, working conditions as 'free for all' - Business InsiderBusiness Insider spoke to four employees speaking on the basis of anonymity who said the environment at the 7th Avenue store has devolved. 😠 JoshMankiewicz When a record store was liquidating in the 90s, employees went in before the markdowns and hid piles of CDs and boxsets above the ceiling tiles. They retrieved their booty during the final days when all things were 95% off. It wasn't theft...technically. 'and the future of its remaining employees' what future they are bankrupt and liquidating the stores there is no future unless i missed something
Source: BusinessInsider - 🏆 729. / 51 Read more »
Netflix's 'The Witcher' creator on season 2 and 'Toss a Coin' song - Business Insider'The Witcher' creator, Lauren S. Hissrich, talked to Business Insider about season two, the harsh critics reviews, and 'Toss a Coin to Your Witcher.'
Source: BusinessInsider - 🏆 729. / 51 Read more »
10 things you need to know before the opening bell - Business InsiderMarkets are subdued after the Iran attack, former Nissan chief Ghosn is expected to speak, and Walgreens reports earnings. Here's what else is happening.
Source: BusinessInsider - 🏆 729. / 51 Read more »
These are the top 8 holdings in Bill Ackman's flagship hedge fund - Business InsiderSome of the fund's performance — the S&P 500 returned 29% in the same time frame — was credited to the Oracle of Omaha, Warren Buffett.
Source: BusinessInsider - 🏆 729. / 51 Read more »