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Even if you had 14,000 SNAP recipients driving “luxury vehicles” in every state that is still less than 2% of all beneficiaries nation wide.
Food assistance keeps people productive. Even a capitalist should advocate for it.
Starvation killing the people that fail to generate wealth trims expenses. Fear of losing your livelihood makes the rest more pliable. In the short term, it absolutely is what a capitalist would want: to increase their own profit.
However, in the long term, a smaller workforce eventually blunts the threat of firing and replacing unruly workers. But the long term doesn't matter as much to the individual capitalists: their allegiance is not to sustaining the system, but to their own enrichment. They just need it to work long enough for them to make as much money as they can.
That's also why they jump so eagerly on the promise of AI replacing workers: If it turns out true, it would be an immense boon both for profit and control. It would offset the long-term downsides while exaggerating the short-term gains. And if it fails, we're back to the status quo ante, the long-term damage being borne by someone else.
Namely, cancer.