Billionaires’ ‘pandemic profits’ alone could pay for $3K stimulus checks to EVERY American – report

RT | rt.com

American billionaires made so much money during the Covid-19 pandemic that their profits since March are enough to give every US resident a $3,000 check without cutting into their pre-virus wealth, a new report shows.

Over the last nine months, the 651 billionaires who call the US home have increased their wealth by a whopping $1.06 trillion, according to a report published Tuesday by Americans for Tax Fairness and the Institute for Policy Studies. Far from being negatively impacted by the pandemic-related economic shutdowns, the country’s super-rich seem to have thrived amid the policies that have plunged so many ordinary Americans into poverty.

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