The sweeping tax cuts championed by President Donald Trump and congressional Republicans have been “beautiful” indeed – but mostly for billionaires, a report says.
New Jersey’s seven richest residents have seen their wealth grow by $3.8 billion – or a staggering 16.3 percent – since Trump was re-elected, according to a new study from Americans For Tax Fairness.
Nationwide, the collective fortune of America’s billionaires has grown by $1.96 trillion, or 30.6 percent, researchers said.
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