Tax cuts for the rich are a bad deal for corporate elites—and everyone else
Donald Trump is offering a corrupt deal to America’s wealthy elites: He’ll give them tax cuts and deregulation if he’s elected to a second term, even though he’s signaled that he intends to govern as an autocratic leader unrestrained by the rule of law.
That would be a deal with the devil that’s likely to end badly for everyone—even the corporate elite, many of whom remain in a state of denial about Trump.
Daniel Ziblatt, director of Harvard’s Center for European Studies, has studied what happens when conservative elites ally with authoritarian movements, which happened during Adolf Hitler’s rise to power in Germany.