Subject: Re: Trump: Worst 100-Day Approval in 80 Years
I've gotten no tax breaks so far that I know of. <cough>SALT</cough>
No?
"Trumps 2017 tax law was skewed to the rich. Households with incomes in the top 1% received an average tax cut of more than $60,000 in 2025,
compared to an average tax cut of less than $500 for households in the bottom 60%, according to the Tax Policy Center.
Tax cuts at the top — for both households in the top 1 percent and the top 5 percent — are more than triple the total value of the tax cuts received for people with incomes in the bottom 60%.
Trumps tax cuts boosted the after-tax incomes of households in the top 1% by 2.9%, roughly three times the 0.9% gain for households in the bottom 60%."
https://www.cbpp.org/research/...
But almost all my assets are in the stock market and that's getting hammered.
Almost all my assets are in Berkshire Hathaway (which has held up nicely), T-Bills and TIPS.