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Rubio Introduces Bill to Remove Tax Breaks for Woke Corporations

May 4, 2022 | Comunicados de Prensa

Washington, D.C. — El senador estadounidense Marco Rubio (R-FL) presentó la ley No Tax Breaks for Radical Corporate Activism Act. The bill would prohibit employers from deducting expenses related to their employees’ abortion travel costs or so-called “gender affirming care” for young children of their employees. 
 
“Our tax code should be pro-family and promote a culture of life,” Rubio said. “Instead, too often our corporations find loopholes to subsidize the murder of unborn babies or horrific “medical” treatments on kids. My bill would make sure this does not happen.”

 
“Family Research Council applauds Senator Rubio for his work to ensure that taxpayer funds cannot be used to take the lives of the unborn, or to subject children suffering from gender dysphoria to experimental, life-altering procedures to masculinize or feminize their appearances” Quena D. González, Senior Director of Government Affairs for Family Research Counci, said. “Taxpayers should not be forced to underwrite these dangerous (in the case of abortion, deadly) procedures. When it comes to gender transition procedures, studies show that up to 88 percent of females and 97.8 percent of males who are gender non-conforming or distressed with their biological sex come to identify with their biological sex in adolescence or adulthood; puberty is the cure, not the disease, and taxpayers should not be forced to pay for experimenting on suffering children.”
 
Rubio’s bill responds to recent announcements from several large corporations, including Amazon, Disney, Citigroup, Lyft, Yelp, Uber, Bumble, and Salesforce. 
 
Background:
 
Under current tax law, businesses can deduct all expenses that are “ordinary and necessary” for carrying on a trade or business, including employee health care plans, some medical expenses, or other benefits offered as a part of an employee compensation package. This bill would explicitly prohibit employers from deducting – and, as a result, taxpayers from subsidizing – their employee’s travel costs to obtain an abortion or employee’s children’s gender transition expenses.