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April 30, 2021

Corporations

No evidence for Biden claim that Trump tax cuts encouraged corporations to flee US, proponents say

WashingtonExaminer
USA TODAY – For more and to sign up click here While President Joe Biden and his administration claim the 2017 Trump tax cuts need to be overhauled in part because the law incentivizes offshoring, proponents of the GOP tax cuts say there is no tangible evidence to support that......

Cowardly CEOs’ woke political activism is a PR gimmick

NYPost
Charles Gasparino Hysteria, groupthink and a fair amount of hypocrisy are the key ingredients in a ­ruinous cocktail that has managed to intoxicate some formerly profit-focused boardrooms. One day, it’s the Adena Friedman-led Nasdaq stock market demanding that its US-listed companies have fully diverse boards even as it ignores a......

GOP donors, leaders discussed plans to take on Big Tech, corporations during retreat at Trump’s Mar-a-Lago

CNBC
CNBC – For more and to sign up click here Former U.S. President Donald Trump’s Mar-a-Lago resort is seen in Palm Beach, Florida, February 8, 2021. Marco Bello | Reuters Many top Republican donors, lawmakers and strategists huddled privately over the weekend at Mar-a-Lago, the Florida resort owned by former......

Republican lawmakers warn that corporations could face consequences over voting law activism

WashingtonExaminer
USA TODAY – For more and to sign up click here Corporations risk alienating a large portion of their consumer base if they continue to oppose new voting laws publicly, Republican lawmakers warn. More than 100 corporate leaders tuned into a Zoom meeting over the weekend to plot their next......

White House defends hiking taxes on corporations to pay for infrastructure

CNN
USA TODAY – For more and to sign up click here Noting that corporate tax collections have fallen to their lowest level since World War II, Treasury Secretary Janet Yellen said Wednesday that Republicans’ 2017 Tax Cut and Jobs Act did not lure new production or investment to the US.......

Disney, Geico and other corporations backed Florida lawmakers now sponsoring restrictive voting bills

CNBC
CNBC – For more and to sign up click here Republican state lawmakers in Florida who received corporate support from Disney and other major companies during their campaigns are now sponsoring a slew of bills that could put restrictions on voting access in the key swing state. The Brennan Center......

Yellen to push for global minimum tax on corporations

CNBC
CNBC – For more and to sign up click here Treasury Secretary Janet Yellen on Monday will call for a minimum tax levy on corporations around the world in an effort to keep companies from relocating to find lower rates. “We are working with G-20 nations to agree to a......

Corporations gave over $50M to voting restriction backers

Detriot News
Detroit News – For more and to sign up click here Washington — When executives from Coca-Cola and Delta Airlines spoke out against Georgia’s new voting law as unduly restrictive last week, it seemed to signal a new activism springing from corporate America. But if leaders of the nation’s most prominent......

Corporations face GOP blowback for criticizing Georgia voting law

WashingtonExaminer
USA TODAY – For more and to sign up click here Corporations and CEOs are facing backlash after renouncing Georgia’s new voting reform law. “You don’t bite the hand that feeds you,” declared Georgia House Speaker David Ralston as Republicans begin to push back on corporations that have come out......

Corporations, Vocal About Racial Justice, Go Quiet on Voting Rights

New York Times
This time around, however, the entertainment industry has taken a more guarded approach. When asked for comment, Disney, Netflix, NBCUniversal, Sony Pictures Entertainment and ViacomCBS either said they had no public comment or did not respond to queries. The Motion Picture Association, Hollywood’s lobbying organization, declined to comment, as did......

Amazon tangles with Warren on Twitter

TheHill
USA TODAY – For more and to sign up click here Celine Castronuovo Amazon on Thursday engaged in a heated Twitter exchange with Sen. Elizabeth WarrenElizabeth WarrenThe Hill’s Morning Report – Biden shifts on filibuster Sanders creates new headache for Biden on taxes Liberals think Biden just made getting rid......

‘Super Bowl of tax reform’: Groups gear up for fight over Biden plan to raise taxes on rich, corporations

CNBC
CNBC – For more and to sign up click here President Joe Biden boards Air Force One as he departs Wilmington for return travel to Washington at New Castle Airport in New Castle, Delaware, U.S., March 17, 2021. Kevin Lemarque | Reuters Advocacy groups from across the political spectrum are......

Congressional fundraisers lobby corporations that suspended political donations following Capitol riot

CNBC
CNBC – For more and to sign up click here US President Donald Trump’s supporters gather outside the Capitol building, January 6, 2021. Probal Rashid | LightRocket | Getty Images Fundraisers for congressional candidates and party campaign arms have been lobbying corporations to resume donating after many suspended their political......

Georgia voting rights activists pressure big corporations to oppose GOP-backed ballot restrictions

CNBC
CNBC – For more and to sign up click here Civil rights and activist groups are turning up the pressure on large Georgia companies like Coca-Cola and Delta Airlines to oppose sweeping voting restrictions proposed by Republican state legislators. “We’ve got the power of organized people. They’ve got the power......

Democrats vow to penalize big corporations that don’t pay $15 minimum wage

CNBC
CNBC – For more and to sign up click here Senator Bernie Sanders (I-V.T.), Chairman of the Budget Committee, speaks during a U.S. Senate Budget Committee hearing regarding wages at large corporations on Capitol Hill in Washington, February 25, 2021. Stefani Reynolds | Reuters Top Democrats are drafting new plans......

Race and gender rhetoric is the perfect cover for corporate misdeeds

NYPost
Pedro L. Gonzalez Every ruling class sustains a myth to legitimate its rule. What distinguishes America’s corporate elite and its legitimating myth — wokeness and endless self-flagellation about “equity” — is a galling dishonesty married to rapacious greed. For a stark illustration, consider the financial giant Citigroup. In September, as......

No, the 2020 election wasn’t stolen — but yes, it was underhandedly tilted

NYPost
Jonathan S. Tobin If you read the headline of a blockbuster, 6,000-word-plus story in Time magazine, you might think former President Donald Trump wasn’t so wrong about the election, after all. Despite the tease, Molly Ball’s “Secret History of the Shadow Campaign That Saved the 2020 Election” doesn’t allege widespread......

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