Trump Promises Tax Cuts At Business Roundtable With CEOs, Including Apple’s Tim Cook And JP Morgan’s Jamie Dimon

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Tim Cook,Jamie Dimon,Joe Biden

Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.

Trump Promises Tax Cuts At Business Roundtable With CEOs, Including Apple’s Tim Cook And JP Morgan’s Jamie DimonTrump Promises Tax Cuts At Business Roundtable With CEOs, Including Apple’s Tim Cook And JP Morgan’s Jamie Dimon

Former President Donald Trump vowed to cut income taxes and roll back business regulations while speaking to members of the powerful Business Roundtable lobbying group’s annual meeting—continuing his bold overtures to the business community as he campaigns for a second term, according to multiple reports.Flextronics computer manufacturing facility where Apple's Mac Pros are assembled in Austin, Texas, on November 20, 2019.

Xerox CEO Steven Bandrowczak, Gap Inc. President Richard Dixon and Truist CEO Bill Rogers were also spotted leaving the meeting, ReutersTrump also promoted his proposal to eliminate taxes on tipped income, after announcing the plan over the weekend in Nevada, a battleground state President Joe Biden narrowly won in 2020.

Trump promised that one of his first priorities would be to “unleash American energy,” Trump economic adviser Stephen Moore told Reuters, and Bloomberg reported that Trump lamented the energy permitting process, addressing a key concern of Republicans whoTaking aim at Biden’s mental fitness, Trump said his opponent is “not at the top of his game,” CNBC, noting Trump was interviewed at the meeting by conservative commentator Larry Kudlow, who served as an economic adviser to Trump during his...

The meeting comes as Trump has reportedly made a series of bold appeals to the business community, while soliciting them for donations, including at an April Mar-A-Lago meeting with oil industry executives, whereWhite House Chief of Staff Jeff Zients spoke in Biden’s place as the president is currently in Italy for the G7 Summit.Wall Street executives and business leaders, after backing many of Trump’s primary rivals, have slowly warmed to him since he clinched the nomination in March.

 

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