Many business leaders, including Elon Musk, have pledged their support to Trump in the 2024 US elections. Others, like LinkedIn co-founder Reid Hoffman, support Kamala Harris.
As they get closer american elections and the fight between presidential candidates Kamala Harris and Donald Trump As the situation worsened, major corporations began to more openly support their preferred candidates.
current vice president from USA, Kamala HarrisFollowing the president’s decision, he announced that he would join the presidential campaign in July this year Joe Biden withdraw from the race. That leaves him with less than four months for the entire presidential campaign, which would normally last 12 to 18 months. Former US president after his defeat in 2020 Donald Trump He also returned to the presidential campaign race to try to secure another election victory.
Billionaire Marc Cuban and OpenAI’s Sam Altman support Kamala Harris
Regarding the proposed policy, Kamala HarrisHe wants to increase the US corporate tax rate from the current 21% to 35%. A tax is also expected to be imposed on US citizens earning less than $400,000 (369,784.88 euros). Other important policies include new tax breaks for families with newborn babiesMore taxes and higher minimum wages for billionaires. Harris also suggested capping grocery prices as well as giving unions more power.
A major campaign has been launched for Kamala Harris Harris’ Business Leaders (Harris Business Leaders) includes a website with testimonials from small and large business owners explaining why Harris would be the best choice for businesses. These statements also compare Trump to Harris. So far, approximately 88 current and former business leaders have expressed their support for Harris in a letter obtained exclusively by ‘CNBC’. This list includes co-founder of LinkedIn Reid Hoffmanto billionaire MarkCuba and CEO of OpenAI SamAltman.
Other important signatories are RogerAltmanas well as founder and senior president of Evercore Jeff Bewkesformer CEO of Time Warner and Ken FrazierFormer chairman, president and CEO of Merck. Chad Giffordformer chairman of Bank of America and Bruce HeymanThe former US ambassador to Canada and Goldman Sachs’ former managing director of Private Assets were among the signatories, among others.
As reported by ‘CNBC’, the letter said: “We support the election of Kamala Harris for president of the United States. Your choice is the best way to support the continued strength, security and reliability of our democracy and economy. with Kamala Harris white house“Business can count on having a president who wants American industries to thrive.”
“As the President’s partner Bidenvice president Harris It has a strong record of promoting measures to encourage business investment in the United States and ensure that American companies can compete and win in the global marketplace. We will continue to support fair and predictable policies that support the rule of law“With stability and a strong business environment, we will work to give every American the opportunity to pursue the American dream.”
As for why he thinks Harris would be better for business: hoffman In an interview with the ‘Wall Street Journal’ he stated: “Tariffs and trade wars are terrible ideas for companies, Silicon Valley. I think stability and really trying to have institutions. rule of law It’s more important than a 2% cut in the tax rate.” He also noted that many Silicon Valley founders and entrepreneurs have met before. Kamala Harris. Mentioning technology company founders in his acceptance speech may also increase your confidence in him.
The Tech World Is Resilient Enough to Cope with Trump’s Victory
But, hoffman He also believes the tech sector is resilient enough to recover Donald Trump win the next election. Aaron LevieThe co-founder and CEO of Box and another Harris supporter said in a post on in need of doing artificial intelligence (AI) advanced technologies and manufacturing, and someone who can thoughtfully coordinate with global partners.”
“What we don’t need is a president who creates a flurry of distractions every day and changing policies, starting culture war fights that require unsustainable levels of attention, or being surrounded by conspiracy theorists that drain our collective energy and productivity.
Marc CubanThe current minority owner of the Dallas Mavericks also said in the X post: “Kamala Harris does not align herself with the policies of the Democratic Party. Kamala Harris sets her own policiesand the Democratic Party is falling in line with him. “He is literally redefining the game.”
Elon Musk and Peter Thiel among Trump supporters
Some of the suggested policies Embers These include tax cuts that could reach billions of dollars, as well as increased energy production and oil extraction in the United States. Embers He also presented plans to increase tariffs on imports. Chinese as in other countries.
He also promised to lower interest rates, even though the president had no influence on them. mortgage ban on immigrants undocumented.
Some of the big business names supporting Trump:Elon MuskCEO of Tesla and SpaceX He has made clear his staunch support for the former president through a series of publications She’s been with X for a few months now and has been featured in the campaign with him.
Other names are Veal WhiteCEO and president of the Ultimate Fighting Championship. At the Republican National Convention in July of this year, White also introduced Trump. co-founder of Palantir Technologies, PeterThielTrump, who was a big supporter of Trump in the 2020 elections, shared last year that he would not promise any money to candidates running the presidential campaign this year. However, the business leader may now turn to Trump after Trump has made his choice. J.D. Vance This time as a candidate, according to ‘The New York Times’.
ADVERTBillionaire hedge fund manager Bill AckmanThe founder and CEO of Pershing Square Capital Management also expressed his support. Embers He told X: “When you announce your intention to support Trump these days, Trump supporters Biden People who know me think I’ve lost my mind. “I can assure you that I made this decision carefully, rationally, and based as much as possible on empirical data.”
Shaun MaguireSequoia Capital’s partner in the ‘seed/early’ team also supports Trump and has already donated $300,000 (277,312.50 euros) to his campaign. In his article published in X magazine explaining the reasons for his support, he says: “Raise your voice, do not remain silent. Freedom of expression is worth nothing if you are afraid to use it. “We can’t let culture win.”
“There is no better country in the world than the United States of America. But America He had a bad decade. America It is blessed with a solid constitution, abundant natural resources and diverse people. The way out of here is to focus on our strengths: liberalism and hard work. We must start construction again. “Good luck to President Trump.”
Other business leaders who supported Trump in this election: Doug LeoneFormer managing partner of Sequoia Capital, Davidsaxformer chief operating officer (COO) of PayPal and Dave PortnoyFounder of Barstool Sports. Gemini co-founders Tyler and Cameron Winklevossthey also support Embers.
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