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Corporate Elites Shouldn’t Get Tax Breaks for Their Leftist Activism
U.S. Senator Marco Rubio (R-FL)
May 4, 2022
Newsweek
…[M]ajor businesses like Citigroup, Salesforce, Yelp and now Amazon are offering to subsidize “abortion tourism” for their employees. With leaked indications that the Supreme Court will overturn Roe vs. Wade, you can bet their ranks will swell. Meanwhile, Disney is planning to help its employees secure gender transition “care” for their children.
While the radical Left drives this insanity, the law enables it. The current U.S. tax code allows employers to deduct employee compensation and benefits. Because a lot can fall under that umbrella…, these corporations may be able to help their employees kill their unborn children or transition their son into a daughter tax-free!
This has to change. Businesses should not receive tax breaks for radical leftist activism, especially when that activism jeopardizes our children…. I’m introducing legislation to eliminate this grotesque incentive. It’s a common-sense bill that will make clear that abortion travel costs and child gender transition fees are not ordinary business expenses and cannot be deducted from an employer’s tax liability….
Public policy should be used to strengthen families, not woke executives. We must work to strip the latter of undeserved benefits while empowering the former. That means further expanding the child tax credit to relieve the financial burden of raising children. It means protecting kids from leftist indoctrination in public schools. It means doing everything possible to prevent harm to our nation’s children, born and unborn….
[I]f executive elites think they can force the rest of the country to support their insane policies, they have another thing coming.
Read the rest here.