Washington, D.C. — As Congress considers the Biden Build Back Better agenda that will build an economy that works for everyone by lowering costs for working families and making big corporations pay their fair share, government watchdog Accountable.US released a new analysis finding several major corporations lobbying on the plan were awarded tens of billions of dollars from the 2017 Trump tax cuts. AT&T, Walmart, Apple, FedEx and JPMorgan, which collectively received tens of billions from the Trump tax cuts, are among the companies trying to influence Congress as it works to pass tax cuts for working families and lower health care costs.  

“Big corporations that had their hat in hand before Congress to get billions in tax cuts are trying to pressure Congress as it tries to lower costs for working families.” said Kyle Herrig, president of Accountable.US. “Big businesses like these desperately want their allies in Congress to preserve the status quo they rigged in their favor so they don’t have to pay their fair share. It’s long past time to invest in an economy that works for all not just big corporations and special interests.”  

Recently, Accountable.US also released a report finding a group of major corporations whose executives have already spoken out and/or whose lobbyists lobbied the tax provisions in President Biden’s jobs and human infrastructure blueprint have sordid histories of tax avoidance and tax schemes, amounting to billions of dollars in lost federal revenue. 

Read the full analysis from Accountable.US HERE


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