- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
Why would billionaires support Trump? It’s not as if they’ve done badly under President Biden. Stock prices — which Trump predicted would crash if he lost in 2020 — have soared. High interest rates, which are a burden on many Americans, are if anything a net positive for wealthy people with money to invest. And I doubt that the superrich are suffering much from higher prices for fast food.
Wealthy Americans, though, are surely betting they’ll pay lower taxes if Trump wins.
You can find their representatives saying exactly that:
Kathy Wylde, president and CEO of the Partnership for New York City — a nonprofit organization representing the city’s top business leaders — said Republicans have conveyed to her that they consider that “the threat to capitalism from the Democrats is more concerning than the threat to democracy from Trump.”
Which is why billionaires are bribing Trump
Imagine being so rich you are delusional enough to think Democrats are scarier than someone who will most likely destroy the economy by going full on dictatorship.
As the song goes: