Fri. Jul 19th, 2024

Trump says business executives should be ‘fired for incompetence’ if they don’t support him

By 37ci3 Jun18,2024

Former president Donald Trump said on Tuesday that business executives and shareholder representatives must get behind him “100%” or face being fired.

“Business leaders and shareholder representatives should be 100% behind Donald Trump! Anyone who isn’t should be fired for incompetence! “, – former president he wrote He wrote about it on his social media site, Truth Social.

His post referred to the article Monday’s The Wall Street Journal compares corporate tax rates between the Biden and Trump administrations. In another post, Trump quoted from the article “Corporations won tax cuts in Trump’s first term, and they will benefit if he wins again,” he said.

A spokeswoman for Trump and a spokeswoman for the Biden campaign did not immediately respond to requests for comment on Tuesday.

Trump tried heads of judicial institutions At a roundtable in Washington last week, only a handful of CEOs were in the room told CNBC They were stunned by Trump’s “convoluted” policy proposals. Two people in the room said Trump offered few details about his plans to cut corporate taxes and regulations.

Biden has repeatedly hinted at Trump’s appetite for tax cuts for the wealthy on the campaign trail.

“If Trump is elected, he and his rich friends will cut taxes at the expense of working families. We can’t allow that.” Biden wrote in X last week.

In response to Trump’s Truth Social post, Biden campaign spokesman James Singer said, “We know Donald likes to act like he’s firing people on TV, but the American people have already fired him because he has the worst job record since Herbert Hoover. The choice in 2024 is between Joe Biden, who cuts costs for working families, and Donald Trump, a whitewash who will do nothing but return us to the mess he left by handing out handouts to rich people like himself in the middle. class.”

Biden too He stepped up efforts to end Trump’s tax cuts one the last budget and a memorial Thursday By Lael Brainard, Biden’s chief economic adviser, a review of Biden’s vision for new revenue, including raising the corporate tax rate from 21% to 28%, imposing a 25% minimum income tax on billionaires, and raising the marginal tax rates on the highest incomes from 37 spent % to 39.6% and increased taxes on capital gains for the very wealthy.

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By 37ci3

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