Former President Donald Trump said Tuesday that business leaders and shareholder representatives must be “100% behind him” or face dismissal.
“Business leaders and shareholder representatives must support Donald Trump 100%! Anyone who isn’t should be FIRED for incompetence!” the former president wrote in a post on his social media website Truth Social.
His post on Monday referenced an article from The Wall Street Journal that compared corporate tax rates between the Biden and Trump administrations. In another post, Trump quoted the article as saying: “Corporations won tax cuts during Trump’s first term, and they would benefit if he wins again.”
A Trump spokesperson did not immediately respond to a request for comment on Tuesday.
Trump tried to court business executives last week at a roundtable in Washington, DC, but several CEOs in the room told CNBC they were unimpressed by Trump’s “meandering” policy proposals. Two people in the room said Trump provided few details about his plans to cut business taxes and regulations.
Biden has repeatedly pointed to Trump’s willingness to cut taxes for the wealthy on the campaign trail.
“If Trump is elected, he will cut taxes for him and his wealthy friends at the expense of working families. We can’t let that happen.” Biden wrote about X last week.
In response to Trump’s Truth Social post, Biden campaign spokesman James Singer said: “We know Donald likes to pretend he’s firing people on TV, but the American people have already fired him because he has the worst jobs record since Herbert Hoover. The choice in 2024 is between Joe Biden, who will lower costs for working families, and white-collar criminal Donald Trump, who will do nothing but return us to the mess he left us in by giving handouts to rich people like himself, on the ridges from the center. class.”
Biden also stepped up efforts to end Trump’s tax breaks in a recent budget and a memo Thursday from Biden’s top economic adviser Lael Brainard in which he previewed Biden’s vision for bringing in new revenue , including raising corporate taxes from 21% to 28%, imposing a 25% minimum income tax on billionaires, increasing marginal tax rates on the highest incomes from 37% to 39.6%, and increasing capital gains taxes for the very rich.
This article was originally published on NBCNews.com
