- RAWSTORY.COM - Raw Story - 18/06/2024 18:57

Trump urges firing of business leaders who don't support him

Donald Trump said Tuesday private citizens who lead businesses should lose their jobs if they don't stand behind his political agenda. Trump, who has been convicted of felony charges and raised serious concerns about authoritarianism, made this declaration on Truth Social. "Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!"Trump then shared a quote from a Wall Street Journal report published Tuesday on President Joe Biden and Trump's positions on corporate tax rates.ALSO READ: ‘They could have killed me’: Spycraft, ballots and a Trumped-up plot gone haywire"The 21% U.S. corporate tax rate is the biggest single variable in the sprawling 2025 tax debate, and the two parties are trying to turn that dial in opposite directions with major consequences for companies’ profits and federal revenue," the quotation reads."The rate could climb as high as 28% if Democrats sweep November’s elections and move as low as 15% if Republicans gain full power."Other outlets have noted the current rate of 21 percent, and that Biden has suggested, is well below that of the economic boom in the 1950s."It’s worth noting that even if Biden were to hit that rate, it would still be far below the historic peaks during the post-World War II economic boom, when it hit over 50%" writes MSNBC columnist Hayes Brown. "Some Republicans are, meanwhile, mulling over whether to cut rates all the way down to 15%, according to The Wall Street Journal, dropping them to a level not seen since the Great Depression."