Corporate giants plot lobbying blitz in preparation of Democrats winning
A coalition of major corporations, including Verizon, Target, and Walmart, is actively working too preserve the 21% corporate tax rate established by the 2017 Trump tax law. They are preparing a significant lobbying and advertising campaign to block any potential changes, especially in light of a possible Democratic majority in Congress next year. The effort aims to protect corporate interests and ensure the continuation of favorable tax policies for large businesses.
A coalition of big corporations are laying the groundwork to protect President Donald Trump’s corporate tax rate in anticipation of a Democratic majority in Congress next year.
The RATE Coalition, a group made up of 21 corporations such as Verizon, Target, and Walmart, is preparing a six-figure lobbying and advertising blitz in order to preserve the 21% corporate tax rate that was put in place with the president’s 2017 tax bill.
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