Mexican tomato exporters are conducting unfair trade practices and dumping tomatoes into the U.S. market, despite the 2019 Tomato Suspension Agreement. This is forcing American tomato farmers out of business and destroying the domestic tomato industry. U.S....
U.S. Senator Marco Rubio’s (R-FL) office will host in-person and virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of...
El senador estadounidense Marco Rubio (R-FL) habló con Nio Encendio de Maxima 92.5 de Tampa Bay, sobre cómo la inflación ha impactado a las familias, sobre las olas de migración ilegal, sobre el juicio político de Biden vs. el de Trump, sobre el canje de prisioneros...
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Gotion, Inc., a Chinese company and U.S. subsidiary of Guoxuan High-Tech, announced a lithium battery plant in Illinois that is expected to open next year. This CCP-tied battery company is expected to benefit from green-energy tax breaks under the Democrats’ Inflation...
U.S. Senator Marco Rubio (R-FL) joined National Public Radio’s All Things Considered to discuss his plan to expand the child tax credit for working families. See below for the full transcript and listen to the edited interview here. On the connection between the child...
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) issued the following statement regarding today’s release by the Treasury Department and Internal Revenue Service of a new mandate requiring U.S. banks to report interest payments on foreign deposits:
“As if our tax code weren’t already broken enough, the Obama Administration has added another regulation that will have disastrous consequences for Florida. By requiring banks to report interest earned by foreign investors, the administration has unilaterally handed down a job-destroying mandate that would encourage billions of dollars to flee Florida’s economy.
“The Obama Administration’s mandate flies in the face of over 90 years of smart tax policy that has attracted investment from abroad. In Florida alone, there are an estimated $14 billion in foreign deposits in our state chartered banks. This is money that is used for loans to help entrepreneurs create jobs as they start new businesses or expand existing ones.
“Congress should repeal this mandate immediately.”
For more background, read Rubio’s joint op-ed on the issue with Rep. Bill Posey here.