'This is literal fascism': Donald Trump slammed for saying business executives should be 'fired for incompetence' if they don't support him

PALM BEACH, FLORIDA: On Tuesday, June 18, former President Donald Trump asserted that it is imperative for business executives and shareholder representatives to "be 100% behind" his leadership or face potential termination from the post, according to NBC News.

Through a post on his proprietary social networking platform, Truth Social, the 78-year-old MAGA strongman stated, “Business Executives and Shareholder Representatives should be 100% behind Donald Trump! Anybody that’s not should be FIRED for incompetence!”

This declaration was in reference to a recent article in The Wall Street Journal that compared corporate tax rates during the Biden and Trump administrations.

Additionally, in another Truth Social post, the former president cited the article, highlighting the potential benefits for corporations if he were to secure a second term in office: "Corporations won tax cuts during Trump’s first term, and they would benefit if he wins again."

What came out of Donald Trump’s meetings with business executives last week?

During a roundtable meeting in Washington, D.C. last week, former President Donald Trump attempted to engage business executives; however, CNBC reports that several CEOs present in the meeting expressed their disappointment with the 2024 presumptive GOP nominee's “meandering” policy proposals.

According to two individuals who were in attendance, Donald Trump provided scant details regarding his strategies for reducing corporate taxes and regulations.

During the campaign trail, President Joe Biden has brought up his predecessor's desire to lower taxes for the wealthy on several occasions.

“If Trump gets elected, he’ll cut taxes for him and his rich friends at the expense of working families. We can’t let that happen,” the POTUS tweeted last week.

In response to Trump's Truth Social post, Biden campaign spokesperson James Singer said, “We know Donald likes pretending to fire people on TV, but the American people already fired him for having the worst jobs record since Herbert Hoover. The choice in 2024 is between Joe Biden who is lowering costs for working families and white collar crook Donald Trump, who will do nothing but return us to the mess he left us with by giving handouts to rich people like himself on the backs of the middle class.”

President Joe Biden has proposed an extensive plan to modify existing tax policies, as outlined in a recent budget and a memorandum from top Biden administration economic adviser Lael Brainard.

The proposal includes increasing the corporate tax rate from 21% to 28%, implementing a 25% minimum income tax for billionaires, raising the marginal tax rates for the highest incomes from 37% to 39.6%, and increasing capital gains taxes for the wealthiest individuals.

Donald Trump chastised for saying business executives should be 'fired for incompetence' 

One X user remarked, "I remember when people in America could choose who we voted for. Trump doesn't want that. Since when can the president punish private citizens? This is beyond absurd!"

Another user said, "This guy is insane. He needs to be in prison asap."

Another user wrote, "Yep, that’s what a bully would say. Jerk!"

One X user claimed, "Dudes insane. If anyone supports him, they should be put in a mental institution."

Another user asked, "Who does this guy think he is.......God?"

Finally, this user tweeted, "This is literal fascism."

 

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