Though Donald Trump didn’t receive campaign donations from any of the Fortune 100 CEOs, that doesn’t mean they’re not happy to see him in the Oval Office. Disney CEO Bob Iger got to the core of this when he expressed how “hopeful” he was that Trump would cut Disney a tax break once in office. “Given what’s gone on this week,” Iger said on a conference call regarding the election, “[corporate taxes] are likely to be addressed sooner rather than later, and that’s obviously a good thing.” Iger and Disney are looking for a tax break from new President Donald Trump.
For those who believe that corporate-owned media failed to do an adequate job during the election, the fact that Iger is dependent on Trump for tax breaks to make Disney competitive is cause for some concern. (Iger said: “We are no longer competitive with the rest of the world in [taxes] and that must be addressed.”) Disney, of course, owns ABC News, which is responsible for informing the public about the new administration’s actions. Disney will be looking for help from the same administration it is reporting on.