Billionaires Pandemic Profits Alone Could Cover 70 Of Biden S American Jobs Plan
Americans for Tax Fairness and the Institute for Policy Studies released on Thursday a new report that shows billionaires in the U.S. increased their collective net worths by some $1.62 trillion between March 18, 2020, and April 12. Before last March, billionaires’ combined net worth stood at $2.95 trillion, whereas it has now risen to $4.56 trillion. The analysis, which drew on data compiled by Forbes, pointed out that this amount could cover nearly 70 percent of Biden’s proposed infrastructure plan....