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Announcements Mar 25, 2026 at 7:26 PM

‘Modern-Day Royalty’: 50 Billionaire Families Have Already Pumped Over $430 Million Into Midterms

Posted by Aggravating_Money992


https://www.commondreams.org/news/billionaire-spending-2026-midterms

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B-Z_B-S Mar 25, 2026 +308
The wealth inequality in America is the fault of the George W. Bush tax cuts for the rich, the Ronald Reagan tax cuts for the rich, and the Donald J. Trump tax cuts for the rich. If we return our tax system to how it used to be, then the wealth inequality would massively decrease.
308
Sufficient_Candy1642 Mar 25, 2026 +103
And if you call for taxing the rich, they will call you a communist.
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frustratedmachinist Mar 25, 2026 +22
I’d prefer the term ‘anarchist’ but I’m not sure they know the difference.
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bobby_smiles179201 Mar 26, 2026 +1
Are you for a complete fall of the current system ?
1
TheZapster Mar 26, 2026 +1
It's interesting how the term, and thus label, still has such power in the American Psyche considering there are no fully and solely communist countries remaining on the globe. China is communist, but is also capitalist with how they compete, and celebrate the leaders of some of the massive tech companies - bytedsnce, temu, alibabba etc.
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LordSiravant Mar 25, 2026 +18
Arguably the larger cause is deregulation of big business. They're allowed to get away with so much when it comes to screwing their workers out of money and benefits they're supposed to pay.
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TemporarySun314 Mar 25, 2026 +32
And the solution of Americans to fix this is to elect someone next time who promises to cut tax for the rich, but this time it will make everyone rich for sure.
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Rebal771 Mar 25, 2026 +24
Thats silly. No one votes for a President to fix economical issues. We pick our presidents based on their support for abortion bans, their commitment to deport illegals, and their support for Israel. The wealth disparity is just a nice lil side bonus like extra icing on the cupcake.
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Ragnarawr Mar 25, 2026 +4
In short, American values.
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RespectTheAmish Mar 26, 2026 +1
We also decide by raging over which genitals a dozen or so athletes have (or do not have). Just as the founders intended.
1
Andygator_and_Weed Mar 25, 2026 +1
We need a prededent to own da maga
1
citizenjones Mar 25, 2026 +7
What's totally shitty is how much of the middle class they were able to get on board with that idea.  Voting against their own interest for decades based on the possibility of, "If I make it, I want to to work for me the most."
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PartyClient3447 Mar 26, 2026 +1
Maga wants to return to the 1950’s. In one way I agree. We need those tax rates to return.
1
Sanjuro7880 Mar 26, 2026 +1
Supreme Court decision Citizens United that allowed this to happen directly.
1
Equivalent-Excuse-80 Mar 26, 2026 +1
It’s a bit more than tax cuts. Tax cuts is just a way for the rich to not pay for the infrastructure that made them rich. The systems that prevent class mobility and shuffle money away from the middle class into the ultra wealthy are more complex, varied and ubiquitous than taxation.
1
sabedo Mar 26, 2026 +1
these people would destroy the country before they let that happen
1
Slowter Mar 25, 2026 +2
Raise the minimum wage to a livable wage! Tax millionaires out of existence.
2
Zepcleanerfan Mar 25, 2026 +46
It worked in 2024! Look at how many working and middle class. People voted to give wealthy people.Extreme tax breaks at the cost of their own well being. I can't wait to hear about how trans people and immigrants are the source of all our problems again.
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[deleted] Mar 26, 2026 +1
[deleted]
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slimdiesel93 Mar 26, 2026 +1
Kinda funny you would have a grammatical error in your correction. I'm pretty sure your last sentence is missing a comma
1
BrandenWi Mar 25, 2026 +27
The best single thing that could happen for the long term welfare of this country is to get all dirty/dark money out of politics.
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dancingfordates Mar 25, 2026 +16
Well that means ending lobbying and putting strict limits on politicians receiving donations/ payment/ monies
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ToadP Mar 25, 2026 +17
Or as they like to call it, Pocket Change..
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karmakarmachameleon7 Mar 25, 2026 +16
That's an average of 8.6 million a piece. If you had $20,000 in the bank and spent $172, that would be like spending 8.6 million with a billion dollars in the bank. Billionaires shouldn't exist.
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Brotorious420 Mar 25, 2026 +11
Let's make sure they wasted their money
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Certain-Anxiety-6786 Mar 25, 2026 +6
It's either raise taxes for these people or get an oligarchy. there's no way to have democracy with this inequality
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SlowRunner2026 Mar 25, 2026 +8
American politics to the highest bidder thanks to a corrupt SCOTUS.
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diefreetimedie Mar 25, 2026 +10
You don't have a democracy.
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IAMA_BRO_AMA Mar 26, 2026 +1
We do, but my vote is cancelled out by some 70 year old in Bumfucktucky who splits their free time between Fox News and a facebook chat with "Angelina Jolie" who is taking their retirement money via AI generated tit pics
1
Brucer420 Mar 25, 2026 +4
Everyday we look more and more like late 1700's France
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pasta2666 Mar 25, 2026 +7
I don't think money can save them this time.
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No_Stand8812 Mar 25, 2026 +4
Yeah, they’ll take that bet. I think the dems take the house but the money will win the republicans Alaska, Texas, Maine, Ohio, and maybe Michigan. All states the dems are hoping to win but money talks.
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-Animal_ Mar 26, 2026 +1
For most of history, the wealth gaps were settled with violent revolutions. Taxes were the compromise, but since they refuse to do that, history may repeat itself
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ZootSuitRiot33801 Mar 25, 2026 +2
As the midterms are gearing up to be more of the same firesale of the politicians we common folk of the US will be voting for, instead of betting the whole farm on an election, (which might not even happen if this regime gets its way,) we should _also_ focus on forming real supportive community-based foundations, which many common folk in the US can fall back on, to commit to any effective action needed. Collecting a bunch of valuable information on organizing and action from different redditors over time, I created a post of suggestions [HERE](https://www.reddit.com/r/USWorkersReclaimPower/s/MF0KQvWRN4) that could possibly prove to be of some help in getting it started ASAP. If you don’t live in the US, yet you know others who are and want to do something, please share the information. We're going to need as many on board and informed as possible, if we commoners hope to achieve anything in the US
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No-Cup-8096 Mar 25, 2026 +2
Americans need to vote on for the American people who contribute to our society not the ones whose goal is personal profit.
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H4NKSCORP10 Mar 25, 2026 +2
Conservatives have been conditioned to care about which bathrooms transgendered people use, which complicated medical decisions Ob/Gyns are allowed to make and what Hunter Biden is currently doing as a private citizen. Actual issues like the open corruption of this administration, reversing environmental protections, starting foreign wars, funding education, protecting worker rights, affordable healthcare, etc. are conveniently ignored until it's too late. At this point if the Deep South wanted to secede from the nation I say let them. We're much better off without those Neanderthals dragging us behind from meaningful progress that's long overdue at this point.
2
howardzen12 Mar 25, 2026 +2
Just more proof that the rich own and control all of America.
2
Avoidtolls Mar 26, 2026 +1
Bernie is right. Tax the billionaires
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Gold_Drummer_4077 Mar 25, 2026 +2
I guess they don't realize the more they throw their money down the toilets turning politicians into The People's Enemy, the less likely their Pedo Gold piles will be replenished.
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Alarmed_Bread_3881 Mar 25, 2026 +1
I propose an amendment: All campaign and political money for an election must originate solely from within the jurisdiction of the office up for election. This would make things how the founders intended. The wealthy can still get spend heavily on elections, this puts no limits on that, but they can only do it where they live.
1
No_Stand8812 Mar 25, 2026 +2
They’ll just give the money to allow living there and they make the contribution. It’s even easier than the bundling bs they do now to get around our toothless campaign finance laws.
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LordSiravant Mar 25, 2026 +1
I think you mean nobility. Royalty would be Presidents and their families.
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YouWereBrained Mar 25, 2026 +1
And the vast majority of it supports who?
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t53ix35 Mar 26, 2026 +1
“Facism is fine as long as I, personally, am rich”. /s That is what they are saying, many people say it….
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WordSaladDressing_ Mar 26, 2026 +1
Truly, the definitions of "chump change."
1
opusupo Mar 26, 2026 +1
No longer a country, now a limited liability corporation.
1
GlitteringRate6296 Mar 26, 2026 +1
This needs to end!
1
jonnycanuck67 Mar 26, 2026 +1
I love that they are literally pissing that money into the wind…. There is no amount of money that can save this horrendous administration. That said, we all need to vote and ensure others do as well.
1
trash-juice Mar 26, 2026 +1
Spend that filthy lucre you soulless choads, wont make a difference when the vote drops
1
Visible-Secretary121 Mar 26, 2026 +1
And that figure is couch money to them
1
Thor_2099 Mar 26, 2026 +1
Let them eat cake.
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Office_Hendo Mar 26, 2026 +1
You know they like reading headlines like this, don’t flatter them
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betweendasheetz Mar 26, 2026 +1
Everyone acts like there will be another election and the democrats will save us. Wake up. They work/ take money from the same people. We are fucked
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