Progressive Politics

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Billionaire Capitalists Like Musk and Thiel Want to Kill Democracy (www.commondreams.org)

submitted 8 months ago by [email protected] to c/[email protected]

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U.S. oligarchs are backing Donald Trump and the neofascists surrounding him in a bid to roll back the clock to the Gilded Age.

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[–] [email protected] 8 points 8 months ago

It's not too much of a reach to see a 2nd trump presidency promoting new laws that look progressive on the surface - higher tax rate on billionaires with the intention of putting himself on the top of the "richest men in America" list. Just takes a a little carve out in the law that presidents (for life) don't have to pay this new massive tax.