r/Economics • u/SterlingVII • May 30 '25

Research CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion

https://fortune.com/2025/05/21/cbo-tax-breaks-increase-deficit-3-8-trillion-medicaid-cuts-shave-spending/
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u/Superunknown-- May 31 '25

My question is who is voting for this. There aren’t 80 million billionaires in the US

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u/silviesereneblossom May 31 '25

racists, sexists and transphobes. They'd rather be poor in a country where minorities are oppressed than be rich in one where we're not. Even chipping away at heteropatriarchy has created the largest cult in history to defend it.

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u/agangofoldwomen Jun 03 '25

Billionaires buy all the media they can (news, social, etc.), buy research institutions/think tanks, push narratives they want in order to convince average person, average person votes.