Trump woos donors with promis­es sup­port­ing him will be a good busi­ness move

For­mer Pres­i­dent Don­ald Trump is send­ing a clear mes­sage to donors: Invest in me or face the wrath of Pres­i­dent Joe Biden’s roll­back of Trump-era tax cuts.
Trump sold donors with a pitch that includ­ed promis­es to extend tax cuts for the wealthy while at a New York hotel ear­li­er in May, accord­ing to the Wash­ing­ton Post.
“The tax cuts all expire for wealthy and poor and mid­dle income and every­thing else, but they expire in anoth­er sev­en months and he’s not going to renew them, which means tax­es are going to go up by four times,” Trump report­ed­ly said. “You’re going to have the biggest tax increase in his­to­ry.”

For­mer Pres­i­dent Don­ald Trump pumps his fist as he arrives for a GOP fundrais­er, Sat­ur­day, April 6, 2024, in Palm Beach, Flori­da. (AP Photo/Lynne Slad­ky)

Accord­ing to the report, Trump said plain­ly that tax­es would go up if he were not reelect­ed, putting donors in a conun­drum of whether to kneel to Trump’s lofty invest­ment requests or poten­tial­ly let Biden’s fundrais­ing lead climb.
The pitch is anoth­er attempt from Trump to draw large sums from rich donors. He recent­ly asked for $1 bil­lion toward his cam­paign from major oil com­pa­nies. 
“As Joe Biden’s back­ers in Hol­ly­wood and Sil­i­con Val­ley are with­hold­ing their sup­port for Biden’s fail­ing cam­paign, donors across the coun­try are max­i­mizi …