Trump and the billionaires
Simon Kuper in the Financial Times recently reported a “talk to investors in which I mentioned that Donald Trump was a threat to democracy”. The plutocrats, says Kuper, were “unimpressed. Some literally rolled their eyes. Just another leftie with Trump Derangement Syndrome, they thought. Trump was a ‘business guy’ who would unlock the economy”. Cashing in on that sentiment, Trump charged $250,000 a head for a fund-raising dinner on 6 April, and says he raised $50.5 million. In return he promised the billionaires tax cuts. His tax cuts from his previous presidency expire in 2025. He pledged to...