The recent surge in Bitcoin’s value and Wall Street’s optimistic forecasts for 2025 paint a picture of booming wealth for the super-rich, contrasting sharply with an 18 percent increase in homelessness. Trump’s economic policies, particularly threatened tariffs, are expected to disproportionately benefit large corporations with resources for lobbying and navigating complex exemption processes, leaving small businesses struggling with increased costs and uncertainty. This widening class divide exacerbates existing economic inequalities, with the biggest businesses poised to exploit the situation while smaller enterprises face significant challenges. Economists predict that while business confidence may rise, hiring and investment may not reflect this optimism.
As a UK millennial, the prospects of ever experiencing the same income boom that our elders enjoyed seem bleak, according to the study mentioned. My own experience mirrors that of many others in my generation – struggling to make ends meet, facing soaring costs of living, and feeling the weight of financial burden that is not entirely of our own making.
It is disheartening to see the stark contrast between the opportunities available to the older generations and what we face today. The wealth accumulation for many boomers came not from hard work or career advancement, but rather from housing appreciation and inheritances.… Continue reading
I am deeply troubled by the recent revelation that U.S. billionaires paid a lower tax rate than working-class Americans for the first time in our nation’s history. This alarming data point highlights the stark inequality and unfairness that plagues our tax system. The fact that billionaires can escape paying their fair share of taxes by living off their wealth in the form of stocks is simply unacceptable.
It is infuriating to think that the wealthiest individuals in our country can exploit tax loopholes and avoid contributing their fair share to society. While hardworking Americans struggle to make ends meet and pay their taxes, billionaires continue to amass vast fortunes without being held accountable for their contributions.… Continue reading
Disillusioned Americans are losing faith in almost every profession. It’s a troubling reality that seems to be growing more apparent with each passing day. People are becoming increasingly skeptical of those in positions of power, whether they be politicians, CEOs, or even journalists. The trust that was once bestowed upon these professionals is eroding, leaving many feeling disillusioned and betrayed.
One of the primary reasons for this loss of faith is the blatant disregard for the majority of citizens in favor of catering to the wealthy elite. Just under half of the country wants to continue to cut taxes for the wealthy, eliminate the minimum wage, and remove regulations that protect the average worker.… Continue reading
The median is lower than the average because the top earners earn more than a normal distribution.
What’s even more fun is that billionaires and top “earning” millionaires won’t even be on this list because they record $0 income. The average would be even higher with total earnings.
They make their money (or just support their life style) from moving around assets and selling assets which is not taxable income, it’s “capital gains”. And a lot of times shell companies are used to avoid taxable events. It’s all a big “legit” scam.… Continue reading
John Q. Hosedrinker 
Matt Underwood 