A bar chart titled “The Cost of Billionaires Visualized” compares major U.S. expenses to the 2024 year-over-year wealth gains of just 100 billionaires. Bars represent spending or gains in billions of dollars and are labeled with household-level (HH) equivalents. Categories shown include: • Ending homelessness: $20B ($159 per household) • Federal employees: $210B ($1,670/HH) • Teacher salaries: $214B ($1,702/HH) • Gasoline: $307B ($2,449/HH) • Groceries: $664B ($5,278/HH) • Defense budget: $824B ($6,553/HH) • 100 billionaires: $1,094B ($8,700/HH) A red banner at the bottom reads: “If we can’t afford groceries, we definitely can’t afford billionaires.” Sources listed include HUD, NEA, BLS, USDA, OPM, and Bloomberg (Dec. 31, 2024).
If you took the $1.1 trillion earned by just 100 billionaires last year and mailed every household a check, it'd be $8,700 each.
The thing is most billionaires don't actually pay taxes anymore. What the GOP bill is really doing is selling off public lands and cutting Medicare to pay off oligarchs.