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Trump’s Pledge to Billionaires at Fundraiser
During a private fundraiser, former President Trump made promises to billionaires regarding tax policies if he were to be re-elected, according to reports.
Trump assured his affluent donors that he would maintain low taxes for them, reinforcing his commitment to favor the ultra-wealthy if he returned to the White House.
Biden Campaign Response
Sarafina Chitika, a spokesperson for the Biden campaign, issued a statement condemning Trump’s alleged pledge to prioritize the interests of the wealthiest individuals at the expense of the middle class.
“Donald Trump prioritized tax benefits for affluent individuals throughout his time in office, neglecting the needs of working families. Now, he is signaling to his billionaire associates that he intends to further reduce taxes for the ultra-rich, while simultaneously pursuing policies that could harm Americans’ access to healthcare, Social Security, and Medicare. The American public deserves a leader who champions the interests of ordinary citizens rather than catering to Wall Street elites. This underscores the importance of re-electing President Biden and rejecting Trump’s pro-billionaire agenda in the upcoming election.”
Contrast in Economic Policies
The Biden campaign’s response emphasized that Trump’s approach prioritizes billionaires over the broader American population, highlighting a disparity between public statements and private assurances. Echoing sentiments expressed by President Biden and Senator Bernie Sanders, it is evident that Trump’s policies cater to the wealthy while disregarding working-class individuals.
President Biden’s administration, on the other hand, has advocated for an economic strategy that builds prosperity from the middle class outward, challenging the efficacy of trickle-down economics.
The backing of President Biden by ordinary Americans stands in contrast to Trump’s support from billionaires seeking tax cuts for themselves while potentially raising taxes on others.
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