If Donald Trump wins a second term, he has promised to govern as no modern president has, imposing steep tariffs, rounding up immigrants, freeing Jan. 6 rioters and possibly pulling out of NATO. Trump has signaled that he will accomplish all this by appointing loyalists, rather than the more moderate military leaders and corporate executives from his first term.

Even so, many C.E.O.s are unconcerned, as my colleague Jonathan Mahler described them in a recent article. They don’t believe Trump will do what he has promised, in contrast to many scholars who have studied politicians like Trump and believe that he will follow through.

‘They can work with him’

Do C.E.O.s just assume that Trump will fail to implement his agenda — or do they quietly support it?

Most C.E.O.s are not wild about a second Trump term. They had a rocky ride the first time around — though they did get the tax cuts and deregulation they wanted — and they are pretty sure he will bring instability, which is generally bad for business.

Having said that, many are also down on President Biden, who has been much more aggressive about regulating business. And I don’t have the impression that they have absorbed the messages that Trump and his allies have been sending about what a second term would look like.

It is common to hear the term “populist” used as shorthand for Trumpism. But that isn’t the right label if the question is which candidate’s policies are more likely to allow corporations and the wealthy to amass more money in the near term. Biden would let Trump’s 2017 income tax cuts expire for affluent people, while Trump is promising a new corporate tax cut. And Trump disparages regulatory agencies — the means by which society imposes rules on powerful business interests, which can cut into their profits — as part of the “deep state” he has vowed to dismantle.

(http://www.autoadmit.com/thread.php?thread_id=5518619&forum_id=2#47589532)