Ethics watchdog group: corporate tax handout “favored Congress over the rest of America”
ATLANTA — Today, a bombshell new report from the Center for Public Integrity and Vox revealed that Senator David Perdue appeared to profit off his deficit-busting tax giveaway to corporate special interests and the wealthiest 1% — even while the bill piled nearly $2 trillion onto the national debt and did next to nothing to grow the economy or help middle-class families.
“Senator David Perdue will always put himself and his special interest backers over middle-class Georgia families,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “The news that Perdue appeared to profit off his deficit-busting corporate tax giveaway lays bare Perdue’s first priority: looking out for himself and his bank account.”
Perdue infamously pledged he would “absolutely not” support greater middle-class tax relief if it meant delaying his prized corporate tax breaks that appeared to help him profit off the bill.And after passing his deficit-busting tax giveaway that enriched the wealthiest 1% like himself, Perdue is back to trying to put earned benefits programs like Social Security and Medicare on the chopping block blaming them for “causing this debt” — now with the support of the White House.
Center for Public Integrity: How Republicans made millions on the tax cuts they pushed through Congress