Trump’s Grand Budget: A Major Setback for Black Workforce Opportunities

(Photos: Wikimedia Commons) The House has recently approved a sweeping budget proposal linked to Trump that will slash trillions in taxes favoring the affluent while dismantling critical assistance programs like Medicaid and SNAP for working-class Americans. The bill now heads to the Senate for further consideration.Critics label this legislation a significant wealth redistribution from the impoverished to the elite, exacerbating racial economic disparities. It primarily benefits the predominantly white top 0.1%, while jeopardizing vital public sector jobs that support the Black working class.Notably, it seeks to abolish the estate tax for households exceeding $13.99 million, costing the government billions and enriching the already privileged. With Black families possessing under 5% of national wealth, the repercussions are stark, highlighting systemic inequities in wealth inheritance.