'Republicans will do anything it takes to help their dark money corporate backers dodge taxes,' said SenWhitehouse. 'Siding with a right-wing autocrat is shameful, but that won’t stop them. Money talks louder than morals.'
to the European Union's implementation of the minimum tax on corporations, holding up progress on the accord and prompting applause from Republican lawmakers in the U.S., which has also yet to enact the agreement. Each member of the European bloc has veto power over tax deals.last month praising the Hungarian government's obstruction, retiring Sen. Pat Toomey declared that the U.S."should be leading" the race to the bottom on corporate taxes,"not trying to prevent it.
"By choosing to sabotage the United States' ability to tax corporations effectively and conspire with foreign governments, the lawmakers working with Hungary have revealed how little they actually care about their own country," said Pearl."These lawmakers have chosen to do whatever it takes to keep the rich from paying their fair share, even if protecting foreign corporate wealth means undermining the wellbeing of the United States.
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