{"id":1037657,"date":"2024-07-29T18:20:13","date_gmt":"2024-07-29T22:20:13","guid":{"rendered":"https:\/\/democrats.org\/?p=1037657"},"modified":"2024-07-29T18:20:14","modified_gmt":"2024-07-29T22:20:14","slug":"jd-vance-%f0%9f%a4%9d-silicon-valley-billionaire-weirdos-cut-taxes-for-the-rich-on-the-backs-of-working-families","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/jd-vance-%f0%9f%a4%9d-silicon-valley-billionaire-weirdos-cut-taxes-for-the-rich-on-the-backs-of-working-families\/","title":{"rendered":"JD Vance \ud83e\udd1d Silicon Valley Billionaire Weirdos: Cut Taxes for the Rich on the Backs of Working Families"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

As JD Vance <\/em>fundraises<\/em><\/a> with his Silicon Valley ultra-wealthy backers today,<\/em> DNC Rapid Response Director Alex Floyd released the following statement: <\/em><\/strong><\/p>\n\n\n\n

\u201cJD Vance is bought and paid for by billionaire weirdos, and today he\u2019s returning home to Silicon Valley to beg for more cash from the ultra-wealthy and special interest backers like the ones who helped push him onto Donald Trump\u2019s ultra-MAGA ticket. Vance is cozying up to these Silicon Valley MAGA megadonors because he is \u2018one of their own<\/a>\u2019 and has pledged to work with Trump to pursue an extreme and unaffordable Project 2025 agenda that would rig the economy for billionaires and big corporations at the expense of the middle class. Voters know they can\u2019t afford it and they won\u2019t stand for it in November.\u201d<\/p>\n\n\n\n

TODAY: JD Vance is fundraising in Silicon Valley with ultra-wealthy and special interest megadonors, who know that Donald Trump and Vance will give them more tax giveaways on the backs of working families.<\/strong><\/p>\n\n\n\n

NBC Bay Area<\/a>: \u201cJD Vance to visit Silicon Valley elite Monday\u201d<\/strong><\/p>\n\n\n\n

\u201cThe Ohio senator is hosting a fundraiser reception at a private home in Palo Alto where he will likely highlight his previous experience as a venture capitalist in Silicon Valley.\u201d<\/p>\n\n\n\n

Washington Post<\/a>: \u201cInside the powerful Peter Thiel network that anointed JD Vance\u201d<\/p>\n\n\n\n

\u201cIn the weeks before former president Donald Trump announced his vice-presidential pick, some of tech\u2019s biggest names launched a quiet campaign to push for one of their own: Ohio Sen. JD Vance.\u201d<\/strong><\/p>\n\n\n\n

Vanity Fair<\/a>: \u201cDonald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term: Report\u201d<\/strong><\/p>\n\n\n\n

New York Times<\/a>: \u201cThat day in early 2021, Mr. Vance was ushered into Mr. Trump\u2019s office at Mar-a-Lago by one of the most secretive donors in G.O.P. politics: Peter Thiel, the billionaire founder of PayPal who broke with Silicon Valley to support Mr. Trump for president in 2016…<\/strong><\/p>\n\n\n\n

\u201cAllies of Mr. Vance, including Elon Musk and Tucker Carlson, ran a counter campaign to reassure Mr. Trump about the selection, with supportive calls to the former president continuing until the moment Mr. Trump finally told Mr. Vance of his decision<\/strong>, on Monday afternoon, less than half an hour before he announced his choice on social media.\u201d<\/p>\n\n\n\n

Cincinnati Enquirer<\/a>: \u201cSuper PAC supporting potential Senate candidate J.D. Vance gets $10 million donation from PayPal cofounder\u201d<\/strong><\/p>\n\n\n\n

\u201cThiel, a German-American billionaire and early investor in Facebook, gave $10 million to Protect Ohio Values, a super PAC formed last month to support Vance’s possible bid, said Bryan Lanza, a communications adviser to the super PAC.\u201d<\/p>\n\n\n\n

CNN<\/a>: \u201cA day before Donald Trump\u2019s deadline to pick a running mate, after months of private conversations with every corner of his orbit, the former president took a call from a new voice.<\/strong><\/p>\n\n\n\n

\u201cThat person, Tesla billionaire Elon Musk, was one of several people urging Trump in the final moments to select Ohio Sen. JD Vance.\u201d<\/strong><\/p>\n\n\n\n

Cleveland.com<\/a>: \u201cVance, meanwhile, has struggled to keep up financially, not launching general election campaign ads until last month. But backing from a single donor famously helped him win the Republican primary in May\u2026 Thiel gave $15 million to Protect Ohio Values, a pro-Vance Super PAC that bought pro-Vance ads, conducted polling and otherwise aided his campaign.\u201d<\/strong><\/p>\n\n\n\n

Vance backs Trump\u2019s Project 2025 agenda that includes giving handouts to the ultra-wealthy and big corporations (again) at the expense of working Americans and risks supercharged inflation.<\/strong><\/p>\n\n\n\n

Vance<\/a>: \u201cI\u2019ve reviewed a lot of [Project 2025]. There are some good ideas in there.\u201d<\/strong><\/p>\n\n\n\n

Vance<\/a> on Trump\u2019s plan that would raise tariffs and raise costs for hardworking Americans: \u201cThis is a fascinating proposal<\/strong> and we could talk for a while about it.\u201d<\/p>\n\n\n\n

Trump<\/a>: \u201cYou\u2019re all people that have a lot of money \u2026 You\u2019re rich as hell. \u2026 We\u2019re gonna give you tax cuts.\u201d<\/strong><\/p>\n\n\n\n

CBS News<\/a>: \u201cTwo years after Trump tax cuts, middle-class Americans are falling behind\u201d<\/strong><\/p>\n\n\n\n

The Guardian<\/a>: \u201cDonald 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\n\n\n

Axios<\/a>: \u201cSixteen Nobel prize-winning economists are jumping into the presidential campaign with a stark warning: Former President Trump\u2019s plans would reignite inflation and cause lasting harm to the global economy if he wins in November.\u201d<\/strong><\/p>\n\n\n\n

Project 2025<\/a>: \u201cThe corporate income tax rate should be reduced to 18 percent.\u201d<\/p>\n\n\n\n

The Atlantic<\/a>: \u201cTrump\u2019s Plan to Supercharge Inflation\u201d<\/p>\n\n\n\n

Vance opposes legislation that protects unions, standing firmly against working people.<\/strong><\/p>\n\n\n\n

Politico<\/a>: \u201cVance has consistently opposed the PRO Act, the \u2018holy grail of pro-union labor reform\u2019 that organized labor and its allies on the Hill have been fighting for over two years to get passed. \u2026 Vance\u2019s skepticism of the PRO Act is part of a more fundamental skepticism that he harbors toward organized labor.\u201d<\/strong><\/p>\n\n\n\n

Fast Company<\/a>: \u201cVance also voted in favor of a resolution to strike down the NLRB\u2019s updated joint-employer rule, which would have given workers more leverage when organizing at companies<\/strong>\u2014like Amazon\u2014that rely heavily on third-party contractors, by forcing both employers to participate in labor negotiations.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

As JD Vance fundraises with his Silicon Valley ultra-wealthy backers today, DNC Rapid Response Director Alex Floyd released the following statement:  \u201cJD Vance is bought and paid for by billionaire weirdos, and today he\u2019s returning home to Silicon Valley to beg for more cash from the ultra-wealthy and special interest backers like the ones who […]<\/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-1037657","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nJD Vance \ud83e\udd1d Silicon Valley Billionaire Weirdos: Cut Taxes for the Rich on the Backs of Working Families - 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\/jd-vance-\ud83e\udd1d-silicon-valley-billionaire-weirdos-cut-taxes-for-the-rich-on-the-backs-of-working-families\/\" \/>\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=\"2024-07-29T22:20:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-29T22:20:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/05\/War-Room-Master-Image.png?w=1024\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/jd-vance-%f0%9f%a4%9d-silicon-valley-billionaire-weirdos-cut-taxes-for-the-rich-on-the-backs-of-working-families\/\",\"url\":\"https:\/\/democrats.org\/news\/jd-vance-%f0%9f%a4%9d-silicon-valley-billionaire-weirdos-cut-taxes-for-the-rich-on-the-backs-of-working-families\/\",\"name\":\"JD Vance \ud83e\udd1d Silicon Valley Billionaire Weirdos: Cut Taxes for the Rich on the Backs of Working Families - 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