During a recent roundtable meeting in Washington, former President Donald Trump tried to woo business executives, but several CEOs expressed disappointment in his vague policy proposals. Trump gave few details about his plans to cut corporate taxes and regulations, leaving some attendees unsatisfied.
In response to Trump’s comments, a spokesman for President Biden’s campaign criticized Trump’s record on jobs and accused him of giving gifts to the rich at the expense of working families. Biden proposed measures to end Trump’s tax cuts, including raising the corporate tax rate and imposing a minimum income tax on billionaires.
Trump has expressed his belief that business executives and shareholder representatives should fully support him or face being fired. In a post on his social media website, Truth Social, Trump said those who are not fully behind him should be fired for incompetence. The article suggested that corporations saw tax cuts during Trump’s first term and would benefit further if he were to win re-election.