Washington, D.C. —After the U.S. House of Representatives voted to approve the rule to consider all elements of the Build Back Better agenda along with the bipartisan infrastructure legislation passed by the Senate, government watchdog Accountable.US released the following statement:
“Today’s vote brings the nation one step closer to a fair, equitable, and sustainable economy that works for everyone, not just powerful corporations, millionaires, and the well-connected,” said Kyle Herrig, president of Accountable.US. “For years, middle and low-income Americans have struggled while right-wing politicians rig the system to benefit corporations and the ultra-wealthy. It’s time to even the playing field and give working families a chance to succeed. Any lawmakers who stand in the way of big companies finally paying their fair share are showing whose side they’re truly on.”
This month, Accountable.US released a report finding a group of major corporations that have already spoken out and/or lobbied against the tax provisions in President Biden’s Build Back Better blueprint have sordid histories of tax avoidance and tax schemes, amounting to billions of dollars in lost federal revenue.
The group also revealed an analysis highlighting that at least 125 Republicans in Congress with average net worths of at least $1 million and/or hold assets in excess of $1 million are poised to oppose any effort to raise revenue by having the wealthiest Americans and big corporations pay their fair share in taxes.
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