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

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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.

 

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