this post was submitted on 15 Jun 2024
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politics

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[–] [email protected] 201 points 4 months ago (4 children)

"But he says he'd cut my taxes 5% so I'm giving him $100 million in dark money," they continued.

[–] [email protected] 46 points 4 months ago (4 children)

The dumb ones will. The smart ones know that demagoguery and authoritarianism can impact trade and currency valuation, and investing in them is a great way to lose a lot of money.

[–] [email protected] 22 points 4 months ago (2 children)

It's funny that you think there's smart ones. Haha!

[–] [email protected] 20 points 4 months ago (1 children)

Don't confuse intelligence with greed.

Trump is bad news for stability.

[–] [email protected] 3 points 4 months ago

Yet, he will happily carve out ginormous advantages for his big backers. So they don't give a shit if the castle falls as long as they can loot the treasury and get out first.

[–] [email protected] 4 points 4 months ago

Not every billionaire thinks Trump is the best way to get richer. Many think he’s a good way to lose a lot of money.

Greed gonna greed. Some billionaires think Trump will make them money, others think the opposite.

[–] [email protected] 13 points 4 months ago

But that's in the future. I want that tax cut now!

[–] [email protected] 4 points 4 months ago (1 children)

I wish your faith in the oligarch class was justified.

[–] [email protected] 11 points 4 months ago (1 children)

Nope. The rich are greedy and I’m just saying that not all of them think Trump is smart investment.

[–] [email protected] 7 points 4 months ago

https://www.motherjones.com/politics/2024/06/rich-top-100-campaign-donors-lean-trump-republican/

... the lion’s share of confirmed contributions from the biggest political givers—the top 100 families—have flowed to Republican candidates and groups.

In the “hard money” category—direct donations to candidates, which federal law caps at modest sums—Republicans took in 27 percent more from the Top 100 families than Democrats did ($85.9 million vs. $67.9 million).

But looking at all federal contributions, including “soft money,” a category that tallies the generous donations allowed to party committees and the unrestricted contributions to SuperPACs, Republicans raked in a whopping $508 million from the Top 100—triple the Democrats’ $169 million take.

[–] [email protected] 2 points 4 months ago

Some of them care more about power than even their own quality of life

[–] [email protected] 28 points 4 months ago

That is the real issue.

[–] [email protected] 6 points 4 months ago

Can't cut taxes if you don't pay taxes to begin with. Does not compute.

[–] [email protected] 5 points 4 months ago

Of course he will save the RICH a lot of money but the majority of working folks will pay dearly.