3 Same Day Florida Headlines: The Rich vs. the Poor in the Sunshine State

The headlines in the Miami Herald newspaper on the same day were a blunt reminder about the serious discrepancy between the rich and the poor. On July 23, 2024 a Miami billionaire paid 44 Million to get a fossil, while hospitals are facing bankruptcy and Florida's working households struggle. It's a good argument for raising the taxes on the wealthy to at least to the rate where they stood before Trump cut them  7 years ago.  Here's the story 

 

This Miami billionaire just spent $44.6 million on the ‘most valuable fossil ever sold’ 

   Billionaire Ken Griffin recently bought dinosaur bones for $44.6 million. The Citadel CEO is now the proud owner of “Apex,” a 150-million-year-old stegosaurus that sold July 17, 2024 at Sotheby's New York in a record-breaking deal.

VS. 1) Florida’s working households are struggling. Are state leaders doing enough? “There is no reasonable, logical excuse for people living in this state to be in this situation,” said Karen Woodall, a lobbyist for the Florida Center for Fiscal and Economic Policy.

2) Is bankruptcy affecting healthcare at these Miami-area hospitals?

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Reminder about Trump's 2017 Tax Cuts: Fortunately, Trump's tax cuts for people making over $400,000 should end on schedule. The 2017 law’s provisions primarily benefiting high-income households are costly and do not trickle down. They should all end in 2025. (Source: Center on Budget and Policy Priorities)  **Make sure they do, by keeping him from returning to office. 

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SIDE NOTE;  Trump's Tax cuts helped cut taxes paid by millionaires and billionaires, like Ken Griffin. So, it's no surprise that he can afford  44 Million for a dinosaur fossil... and no surprise that he and other millionaires and billionaires are funding Trump's White House bid again.