At a marketing campaign occasion in Scranton, PA, President Biden joked about Trump’s sinking Fact Social inventory.
Video:
President Biden: If Trump’s inventory in his Fact Social firm drops any decrease, he would possibly do higher below my tax plan than his pic.twitter.com/WElHDI5YoO
— Biden-Harris HQ (@BidenHQ) April 16, 2024
President Biden mentioned, “I’ve to say. If Trump’s inventory in his Fact Social firm drops any decrease, he would possibly do higher below my tax plan than his.”
Trump’s Fact Media firm inventory has misplaced greater than 13% of its worth to this point right now, and at instances has gone below $23 a share. The corporate is falling like a rock. Trump has watched billions of {dollars} of revenue vanish, there is no such thing as a finish in sight for the decline of an organization that doesn’t produce something, loses cash, and won’t open up to traders what number of customers it has.
If this decline continues the inventory will pulled, and all the Trump supporters who invested, in Rep. Marjorie Taylor Greene (R-GA) will lose every thing that they invested.
Trump has watched what was probably billions of {dollars} in a lot wanted funding vanish. Between the loans he has coming due, and the civil court docket judgments towards him, Donald Trump is now unlikely to revenue from Fact Social.
Biden was proper. If Trump retains going broke, he would do a lot better below the Biden plan than his personal.
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