How Billionaires Benefit from One Big Beautiful Bill

The One Big Beautiful Bill is truly beautiful for the super-rich because it reduces taxes for earnings over $450,000 by 2.6%.  Those making over $4 million a year get an extra $384,000 according to Wharton.

But that’s chickenfeed compared to what the Billionaire Class gets. They can expect to get at least $3.2 million a year in tax savings and probably as much as $4 million a year according to Berkeley data and inflation calculators. That’s between $30 and $40 million over a 10-year period.   Serious money for almost everybody.

Marjorie Taylor Greene, right wing firebrand made famous by Mother Jones for her $400,000 purse shopping spree in Paris, gets a big benefit. The Bill plus her wealth of $56 million gives her a yearly tax break of about $440,000 based on her estimated yearly income of $4 million

She can shop in Paris each year and build a purse collection courtesy of the One Big Beautiful Bill.

For background go to growthemiddleclass.com