{"id":1036160,"date":"2024-06-20T21:58:22","date_gmt":"2024-06-20T21:58:22","guid":{"rendered":"https:\/\/democrats.org\/?p=1036160"},"modified":"2024-06-20T21:58:23","modified_gmt":"2024-06-20T21:58:23","slug":"trumps-maga-veepstakes-trump-and-j-d-vance-will-give-ultra-wealthy-donors-whatever-they-want-if-they-bring-their-checkbooks","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-trump-and-j-d-vance-will-give-ultra-wealthy-donors-whatever-they-want-if-they-bring-their-checkbooks\/","title":{"rendered":"Trump\u2019s MAGA Veepstakes: Trump and J.D. Vance Will Give Ultra-Wealthy Donors Whatever They Want if They Bring Their Checkbooks"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"395\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/maga-veepstakes.webp\" alt=\"\" class=\"wp-image-1034055\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/maga-veepstakes.webp 780w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/maga-veepstakes.webp?resize=300,152 300w, https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/maga-veepstakes.webp?resize=768,389 768w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/figure>\n\n\n\n<p><em>As Donald Trump fundraises in Ohio today with VP contender J.D. Vance, <\/em><strong><em>DNC Rapid Response Director Alex Floyd released the following statement:<\/em><\/strong><\/p>\n\n\n\n<p>\u201cJ.D. Vance is happily joining Donald Trump\u2019s efforts to sell out the country to ultra-wealthy donors as Trump\u2019s MAGA veepstakes becomes a fundraising competition that puts billionaires ahead of hardworking Americans. Trump is a con man, convicted felon, and fraudster who is parading his VP contenders around for campaign cash from billionaire buddies as they all double down on a disastrous MAGAnomics agenda that rigged the economy for the wealthiest Americans and big corporations at the expense of our middle class.&nbsp;It\u2019s a failed strategy that will backfire when hardworking Americans make Trump and his MAGA minions losers in November.\u201d<\/p>\n\n\n\n<p><strong>Donald Trump\u2019s VP contenders are cozying up to ultra-wealthy donors as Trump continues to put billionaires ahead of hardworking Americans.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/SophiaCai99\/status\/1803873039521845391\">Sophia Cai, Axios<\/a>: <strong>\u201cTRUMP tonight is doing a fundraiser in Cleveland, Ohio organized by Sen JD Vance. Tiers go from $3,300 to $250,000, per invite. $25,000 gets you a photo.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/veepstakes-potential-trump-running-mates-team-up-former-president-haul-in-campaign-cash\">Fox News<\/a>: <strong>\u201cVP hopefuls dueling for dollars as they show off their fundraising clout for Trump\u201d<\/strong><\/p>\n\n\n\n<p>\u201cAs they audition for the role of Donald Trump&#8217;s running mate, potential vice presidential nominees are showing off their ability to help the former president raise much-needed campaign cash. <strong>Closed-door fundraisers with top-dollar Republican donors appear to be the latest screen test venue for those vying to land on the GOP ticket alongside Trump<\/strong>, joining a list that includes teaming up with the former president at his rallies and showing up at his criminal trial in New York City in support of Trump.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/2024\/06\/05\/trump-vice-president-picks-records-00161936\">Politico<\/a>: \u201cTrump\u2019s vice presidential contenders have been taking aggressive steps to distinguish themselves, such as doing interviews with national news outlets, fundraising for the former president and attending his hush money trial in New York.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.nytimes.com\/2024\/05\/08\/us\/politics\/tim-scott-trump-fundraiser.html\">New York Times<\/a>: \u201cA financial show of force for [Tim] Scott\u2019s group could lift his chances of being selected by <strong>Mr. Trump, who has spoken to advisers at Mar-a-Lago about which potential running mates could help the campaign raise money.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.axios.com\/2024\/05\/24\/trump-jd-vance-tech-fundraiser-david-sacks\">Axios<\/a>: \u201cSen. J.D. Vance (R-Ohio), a top possible VP pick for former President Trump, has spent the past six months lobbying some of the heaviest hitters in Silicon Valley to back Trump.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-18\/tim-scott-leverages-billionaires-to-boost-vice-presidential-bid?utm_source=google&amp;utm_medium=bd&amp;cmpId=google\">Bloomberg<\/a>: \u201cTim Scott Leverages Billionaires to Boost Vice-Presidential Bid\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/senators-fundraising-skill-could-be-winning-ticket-for-trumps-veepstakes\">Fox News<\/a>: \u201cSenator\u2019s fundraising skill could be winning ticket for Trump&#8217;s veepstakes\u201d<\/p>\n\n\n\n<p><strong>Trump has no problem selling out the country to the highest bidder, and has repeatedly promised his ultra-wealthy backers political favors while begging for campaign cash.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/politics\/2024\/05\/28\/trump-wealthy-donors-fundraising\/\">Washington Post<\/a>: \u201cTrump makes sweeping promises to donors on audacious fundraising tour\u201d<\/p>\n\n\n\n<p><strong>\u201cBy frequently tying the fundraising requests within seconds of promises of tax cuts, oil project infrastructure approvals and other favorable policies and asking for sums more than his campaign and the GOP can legally accept from an individual, Trump is also testing the boundaries of federal campaign finance laws, according to legal experts. [&#8230;]<\/strong><\/p>\n\n\n\n<p><strong>\u201cTrump asked oil industry executives to raise $1 billion for his campaign and said raising such a sum would be a \u2018deal\u2019 given how much money they would save if he were reelected as president. [&#8230;]<\/strong><\/p>\n\n\n\n<p><strong>\u201cTrump has met with an assortment of real estate, legal, finance, oil and other business executives in recent months, according to people familiar with invitation lists. He has often promised agenda items they would like passed as part of his broader fundraising pitch, and sometimes has asked allies to bundle millions or more. [&#8230;]<\/strong><\/p>\n\n\n\n<p><strong>\u201cTrump has repeatedly pressured oil magnate Harold Hamm to raise significant money for him, telling Hamm that he is \u2018behind\u2019 and \u2018needs the money.\u2019 [&#8230;]<\/strong><\/p>\n\n\n\n<p>\u201c<strong>At the fundraiser [with Big Oil CEOs], he promised to cut taxes on corporations and give oil executives an array of policies they wanted and said he was being outraised by the Democrats and the unions, asking the crowd to \u2018be generous, please.\u2019<\/strong><\/p>\n\n\n\n<p><strong>\u201c\u2018So give me some of your money,\u2019 he said, drawing laughs. \u2018True. I\u2019m begging for your money.\u2019<\/strong><\/p>\n\n\n\n<p>\u201cAt another event, Trump told the group that <strong>if they wanted a picture with him and did not have one, then they needed to give more. [&#8230;]<\/strong><\/p>\n\n\n\n<p><strong>\u201cTrump has regularly joked with donors and advisers that he doesn\u2019t spend more than 10 minutes with someone if the person doesn\u2019t give $10 million<\/strong>, according to people who have heard the comments. He also has complained about some of his billionaire friends not giving enough.<\/p>\n\n\n\n<p><strong>\u201cIn Florida earlier this month, the crowd seemed stunned after Trump offered the stage to anyone who would cut a $1 million check<\/strong>, according to people present. He kept asking people to come forward, according to audio of the event. Then two people took him up on the offer. <strong>The limit to contributing to the RNC and the campaign \u2014 the entities hosting the event \u2014 was less than $1 million.<\/strong><\/p>\n\n\n\n<p><strong>\u201cAt a meeting with financial titans in Palm Beach earlier this year, he asked the group what regulations they viewed as the most onerous, according to a person who attended.\u201d<\/strong><\/p>\n\n\n\n<p><strong>Trump has already sold out hardworking Americans for wealthy Big Oil and Gas donors. <\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.rollingstone.com\/politics\/politics-news\/trump-oil-industry-executive-orders-climate-experts-sound-alarm-1235017726\/\">Rolling Stone<\/a>: <strong>\u201cOil Industry Licks Its Chops for Potential Trump Win\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.politico.com\/news\/2024\/05\/08\/oil-industry-orders-trump-day-one-00156705\">Politico<\/a>: <strong>\u201c\u2018A little bold and gross\u2019: Oil industry writes executive orders for Trump to sign\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/climate-environment\/2024\/04\/17\/trump-wind-power-oil-executives\/\">Washington Post<\/a>: <strong>\u201cTrump rails against wind energy in fundraising pitch to oil executives\u201d<\/strong><\/p>\n\n\n\n<p>\u201c\u2018I hate wind,\u2019 Trump told the executives over a meal of chopped steak at his Mar-a-Lago Club and resort in Florida.\u201d<\/p>\n\n\n\n<p><strong>\u201cTrump\u2019s comments reveal how he is wooing potential donors with his long-standing hostility to wind farms and pledges to halt this form of renewable energy if he returns to office. His stance poses a potential threat to one of the linchpins of America\u2019s clean-energy transition<\/strong>, according to more than a dozen Trump allies, energy experts and offshore wind industry officials.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-02-09\/trump-got-7-4m-from-energy-sector-donors-making-him-their-2024-pick\">Bloomberg<\/a>: \u201cDonald <strong>Trump is the oil and gas industry\u2019s undisputed top pick<\/strong> for the Republican presidential nomination as energy sector donors shower his candidacy with nearly 10 times the amount of money as they gave his challenger Nikki Haley.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/nation\/2023\/11\/10\/trump-oil-gas-donors-climate\/\">Washington Post<\/a>: <strong>\u201cTrump turns to oil barons to boost his White House bid\u201d<\/strong><\/p>\n\n\n\n<p><strong>Trump is doubling down on his failed MAGAnomics agenda that puts billionaires and big corporations ahead of hardworking Americans.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/BidenHQ\/status\/1735406353240219972?s=20\">Trump<\/a>: \u201cYou\u2019re all people that have a lot of money. \u2026 <strong>You\u2019re rich as hell. \u2026 We\u2019re gonna give you tax cuts.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/x.com\/BidenHQ\/status\/1736108959335919791?s=20\">Trump<\/a>: <strong>\u201cI will never let the Trump tax cuts \u2026 I will never let them be taken away.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/twitter.com\/DNCWarRoom\/status\/1671314085445509122\">Trump<\/a> on whether his second term tax policies would echo those of his first term: \u201cYes, and I\u2019d do even more taxes.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-06\/trump-tariffs-trade-policies-to-be-harsher-in-2024-comeback-bid?sref=j9PkcaMF\">Bloomberg<\/a>: <strong>\u201c[Trump] intends to center his economic plans on extending and deepening the Republican tax cuts from 2017.\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vanityfair.com\/news\/2023\/09\/donald-trump-second-term-tax-cuts\">Vanity Fair<\/a>: <strong>\u201cDonald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2023\/09\/11\/trump-tax-cuts-2024\/\">Washington Post<\/a>: \u201cThe former president\u2019s closest economic advisers are plotting an aggressive new set of tax cuts to push on the campaign trail and from the Oval Office if he wins a second term. <strong>Trump and his advisers have discussed deeper cuts to both individual and corporate tax rates that would build on his controversial 2017 tax law <\/strong>\u2026 Trump\u2019s advisers, though, have discussed proposals to make deeper cuts to the overall corporate tax rate, potentially to as low as 15 percent, or to use the revenue from the proposed tariffs to pay a dividend to U.S. households.<strong> Further cutting corporate taxes \u2026 would primarily benefit large firms.\u201d<\/strong><\/p>\n\n\n\n<p><strong>Trump\u2019s tax scam gave massive handouts to the ultra-wealthy at the expense of working families.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.forbes.com\/sites\/camilomaldonado\/2019\/10\/10\/trump-tax-cuts-helped-billionaires-pay-less-taxes-than-the-working-class-in-2018\/?sh=642388dd3128\">Forbes<\/a>: <strong>\u201cTrump Tax Cuts Helped Billionaires Pay Less Taxes Than The Working Class In 2018\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.washingtonpost.com\/business\/2019\/10\/08\/first-time-history-us-billionaires-paid-lower-tax-rate-than-working-class-last-year\/\">Washington Post<\/a>:<strong> \u201cFor the first time in history, U.S. billionaires paid a lower tax rate than the working class last year\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.cbsnews.com\/news\/two-years-after-trumps-tax-reform-the-middle-class-is-struggling\/\">CBS News<\/a>: <strong>\u201cTwo years after Trump tax cuts, middle-class Americans are falling behind\u201d<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.theguardian.com\/business\/2019\/oct\/09\/trump-tax-cuts-helped-billionaires-pay-less\">The Guardian<\/a>: \u201cThey were billed as a \u2018middle-class miracle\u2019 but according to a new book <strong>Donald Trump\u2019s $1.5tn tax cuts have helped billionaires pay a lower rate than the working class for the first time in history.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Donald Trump fundraises in Ohio today with VP contender J.D. Vance, DNC Rapid Response Director Alex Floyd released the following statement: \u201cJ.D. Vance is happily joining Donald Trump\u2019s efforts to sell out the country to ultra-wealthy donors as Trump\u2019s MAGA veepstakes becomes a fundraising competition that puts billionaires ahead of hardworking Americans. Trump is [&hellip;]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1036160","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump\u2019s MAGA Veepstakes: Trump and J.D. Vance Will Give Ultra-Wealthy Donors Whatever They Want if They Bring Their Checkbooks - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-trump-and-j-d-vance-will-give-ultra-wealthy-donors-whatever-they-want-if-they-bring-their-checkbooks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-20T21:58:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T21:58:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/maga-veepstakes.webp\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-trump-and-j-d-vance-will-give-ultra-wealthy-donors-whatever-they-want-if-they-bring-their-checkbooks\/\",\"url\":\"https:\/\/democrats.org\/news\/trumps-maga-veepstakes-trump-and-j-d-vance-will-give-ultra-wealthy-donors-whatever-they-want-if-they-bring-their-checkbooks\/\",\"name\":\"Trump\u2019s MAGA Veepstakes: Trump and J.D. 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Vance Will Give Ultra-Wealthy Donors Whatever They Want if They Bring Their Checkbooks\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/democrats.org\/#website\",\"url\":\"https:\/\/democrats.org\/\",\"name\":\"Democrats\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/democrats.org\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/c31239f43161314a03057960c56c0564\",\"name\":\"Claire DePree\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/democrats.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/262c0b3f1914330fe3241c699fd21798ee92a8504fc6296028e8fa17334d1151?s=96&d=mm&r=g\",\"caption\":\"Claire DePree\"},\"url\":\"https:\/\/democrats.org\/news\/author\/depreec\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trump\u2019s MAGA Veepstakes: Trump and J.D. 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