Today in the new Republican economic populism

I guess Republican donors don’t get their news about Trump’s policy positions from the members of Bari Weiss’s group blog who are particularly fond of dropping acid:

Since Trump is now his party’s presumptive nominee, his campaign and a joint party fundraising committee can accept contributions of up to $814,600 a donor, while previously his campaign could legally take only $6,600 a person.

“This is likely to be the biggest and one of the most successful fundraising events in political history,” said GOP fundraiser Brian Ballard.

Republican megadonors generally align with Trump on economic policy, including decreased regulation and limited government, according to people close to them. And Biden’s repeated calls to increase taxes on the wealthy hasn’t earned him many friends among them.

Nelson Peltz, the billionaire investor who this past week lost a proxy battle with Disney, said he was sorry he voted for Trump after the U.S. Capitol riot on Jan. 6, 2021. But in March, speaking to the Financial Times, Peltz cited Biden’s immigration policies and what he said is the president’s mental decline.

“Sure, he tried to end multiparty democracy in America, but I’m aching for that upper-class tax cut. a president who is a spry young 77.”

…via comments, this is a good thread:

Tonight, Donald Trump is holding a billionaire fundraiser to pay his mounting legal bills.

Here are some of the scammers, racists, and extremists funding Trump’s failing campaign.

pic.twitter.com/u7TUxuL6a6— Biden-Harris HQ (@BidenHQ) April 6, 2024