Re:State of Private Markets: Q1 2023
by nawgz on Wednesday May 03, 2023 @07:43PM
(#35809381)
Sure.
[0]: Trump tax cut 35% -> 21%, purely a gift to corporations. They now have more wealth and power. Couple this with the fact Trump continued to reduce IRS funding - and Republicans push back against Biden growing it - corporations gain more power to evade tax, and gain more wealth and power. I could find you a long list of things to this vein, but I would first suggest your head is in the sand if this is new to you.
[1]: His daughter and Kushner made hundreds of millions during their time in the Trump administration. Corruption at the top level of the administraton emboldens and enables corruption at other levels of the administration, which leads to corporations having more pressure points to continue their assault on regulatory bodies and powers.
[2]: He elected a Supreme Court that is blatantly partisan, undoes prior art despite a complete vacuum of new legislation on those matters, and is undermining the power of all kinds of regulatory agencies. For instance, take the EPA no longer being able to issue environmental regulations.
[0]: Trump tax cut 35% -> 21%, purely a gift to corporations. They now have more wealth and power. Couple this with the fact Trump continued to reduce IRS funding - and Republicans push back against Biden growing it - corporations gain more power to evade tax, and gain more wealth and power. I could find you a long list of things to this vein, but I would first suggest your head is in the sand if this is new to you.
[1]: His daughter and Kushner made hundreds of millions during their time in the Trump administration. Corruption at the top level of the administraton emboldens and enables corruption at other levels of the administration, which leads to corporations having more pressure points to continue their assault on regulatory bodies and powers.
[2]: He elected a Supreme Court that is blatantly partisan, undoes prior art despite a complete vacuum of new legislation on those matters, and is undermining the power of all kinds of regulatory agencies. For instance, take the EPA no longer being able to issue environmental regulations.
[X]: Some reading you might do well by.
[0]: https://www.theguardian.com/us-news/2019/apr/30/trump-tax-cu...
[1]: https://www.citizensforethics.org/reports-investigations/cre...
[2]: https://www.npr.org/2022/06/30/1103595898/supreme-court-epa-...
[X]: https://civilrights.org/trump-rollbacks/