See that big white line in the middle, the one where everything started to go to absolute shit?
That's ronald fucking reagan.
It is almost impossible to explain to people how badly reagan fucked this country. They don't believe it, because the gop has turned him into a saint.
BREAKING: Donald Trump gets hit right in his pride as Bloomberg drops him from their coveted billionaires list — a clear indication that his financial problems are worsening.
The reason why he was dropped is the funniest part in all of this...
The list was released today and ranks the world's 500 richest people based on net worth analyses. In order to qualify, you need a net worth of at least $5.8 billion. According to Bloomberg, Trump has plummeted beneath that threshold.
The sudden drop is linked directly to the ongoing collapse of Truth Social. The stock has been steadily tanking since Trump Media, which owns the social media platform, merged with Digital World Acquisition Corp. Billions have been wiped from the company's market value.
Trump owns roughly 57% of Trump Media, so he has born the brunt of its nosediving value. The stock is dropping due to financial disclosures which showed that it recorded a net loss of $58 million in 2023.
On top of those problems, Trump is drowning in legal costs and on the hook for massive damages for court cases he lost, most notably the $464 million he owes from his New York fraud trial.
So much for being a genius businessman...
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I just received a demo of the upcoming IRS Direct File tool. The IRS has built an impressive product that will give taxpayers a secure option to file their taxes online for free. This pilot program will start small in 2024, to allow the IRS to test it and learn from taxpayers.