Former President Donald Trump is urging supporters to continue investing in his cause to avoid the consequences of President Joe Biden’s plans to reverse tax cuts from the Trump administration. At a recent event in New York, Trump warned donors that if his tax cuts are not extended, there will be a significant increase in taxes, impacting all income levels.
Trump’s efforts to raise funds from wealthy donors come as he faces mounting opposition from Hollywood, Silicon Valley, and major oil companies supporting Biden’s campaign. Trump’s spokeswoman, Karoline Leavitt, emphasized the urgency of supporting the former president’s reelection, citing concerns over Biden’s policies.
It's true, Trump Presidency will be good for all Americans and businesses alike. Everything was better under President Trump. Trump woos donors with promises supporting him will be a good business move https://t.co/ut4vQYe1ez via @dcexaminer
— Patriotic ??Suzanne⭐️⭐️⭐️ (@suzost) May 29, 2024
During the event, Trump recounted rejecting a donor’s offer of $1 million in exchange for a lunch meeting, stating that he was not interested in such arrangements and instead requested a total of $25 million for his campaign. Despite Biden’s strong fundraising efforts, Trump managed to surpass him in April, securing a significant portion of the funds at a billionaire investor’s residence.
As the 2024 election cycle unfolds, the White House and the Biden campaign have yet to respond to inquiries regarding Trump’s remarks and fundraising activities.