jeffw@lemmy.worldM to

News@lemmy.world · 8 months ago

US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

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US Billionaires Have Doubled Their Wealth Since 2017 Trump Tax Overhaul

jeffw@lemmy.worldM to

News@lemmy.world · 8 months ago

cross-posted to:
news@lemmy.world

Billionaires now control 1 out of every 25 dollars of American wealth.

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Flying Squid@lemmy.world
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8 months ago
That would mean less revenue, but stock traders would still make many transactions per day like they did before HFT, so it would still bring in a massive amount of revenue.
- Corkyskog@sh.itjust.works
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  8 months ago
  Well yeah, significantly less (50% of all trades are HFT) but I see your point.

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