Why is Trump cozying up to America’s most powerful business leaders?

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 98%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stocks are at near record levels. That’s not enough for some corporate CEOs, who want more giant tax cuts

The Business Roundtable is an association of more than 200 CEOs of America’s biggest corporations. It likes to think of itself as socially responsible.

On Thursday, Trump met at the Business Roundtable’s Washington headquarters with over 80 CEOs, including Apple’s Tim Cook,promised the CEOs he would cut corporate taxes even further and curtail business regulations if elected president. A large portion has gone into stock buybacks. The year after the tax cut went into effect, corporations bought back a record

Kathryn Wylde, the president and CEO of the Partnership for New York City ,that Republican billionaires have told her “the threat to capitalism from the Democrats is more concerning than the threat to democracy from Trump.” of our stakeholders”, including a commitment to compensating all workers “fairly and providing important benefits”, as well as “supporting the communities in which we work”, and protecting the environment “by embracing sustainable practices across our businesses”.

Then, after the January 6 attack on the Capitol, many of these CEOs announced they would not provide campaign funds to Republican members of Congress who refused to certify the 2020 election.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tech stocks boost ASX after ‘Magnificent Seven’ drive US stocks to record highsThe technology sector gave the Australian sharemarket a boost after the world’s largest technology companies drove US stocks to record highs on Wall Street.
La source: theage - 🏆 8. / 77 Lire la suite »

Tech stocks boost ASX after ‘Magnificent Seven’ drive US stocks to record highsThe technology sector gave the Australian sharemarket a boost after the world’s largest technology companies drove US stocks to record highs on Wall Street.
La source: brisbanetimes - 🏆 13. / 67 Lire la suite »

Tech stocks boost ASX after ‘Magnificent Seven’ drive US stocks to record highsThe technology sector gave the Australian sharemarket a boost after the world’s largest technology companies drove US stocks to record highs on Wall Street.
La source: smh - 🏆 6. / 80 Lire la suite »

Why fundies are buying Lovisa, Worley, Orora and other flagging stocksLovisa, Worley and Orora are among the recent laggards that fund managers have been buying at – what they believe – are rare discounts.
La source: FinancialReview - 🏆 2. / 90 Lire la suite »

US Supreme Court overturns Trump administration's ban on bump stocks for gunsThe ban was imposed after a bump stock, which allows a gun to fire at a similar speed to an automatic weapon, was used in a deadly mass shooting in Las Vegas in 2017.
La source: abcnews - 🏆 5. / 83 Lire la suite »