Donald Trump Threatens To Fire Shareholders Who Don't Support Him
This all started with a Wall Street Journal article from last week that compared corporate tax rates between the Biden and Trump administrations. Trump is claiming that the tax rates for big corporations during his presidency were so low that anyone in the industry that doesn't support him is crazy.
"Business Executives and Shareholder Representatives should be 100% behind Donald Trump!" the former president wrote in a post on his social media website, Truth Social. "Anybody that's not should be FIRED for incompetence!"
However, it seems (as always) that there is little substance behind these aggressive claims. Trump attempted to court business executives in a roundtable discussion earlier this month, but according to CNBC, many of the individuals in the room were underwhelmed by Trump's policy ideas, and two people said that Trump offered very little detail on his plans at all.
Joe Biden Responds
While a representative for Trump has not commented on this yet, Biden and his team have wasted no time pointing out what Trump really means. "If Trump gets elected, he'll cut taxes for him and his rich friends at the expense of working families," Biden wrote on X last week. "We can't let that happen."
In a separate response to Trump's Truth Social post, James Singer, a spokesperson for the Biden campaign said in a statement, "We know Donald likes pretending to fire people on TV, but the American people already fired him for having the worst jobs record since Herbert Hoover. The choice in 2024 is between Joe Biden, who is lowering costs for working families, and white collar crook Donald Trump, who will do nothing but return us to the mess he left us with by giving handouts to the rich people like himself on the backs of the middle class."