Austin, TX — The International Business Times and VOX have reported Texas Republican Sen. John Cornyn included a provision in the Republican tax plan that would personally enrich some GOP lawmakers and President Donald Trump. [International Business Times, December 17, 2017]
Reporter George Stephanopoulos asked Cornyn “Why was that done? Why was it necessary to include that provision?” Cornyn responded with, “…what we’ve tried to do is cobble together the votes we needed to get this bill passed.”
The #CorkerKickback would benefit wealthy investors with lots of assets and few employees…tax experts say this provision is designed to give a tax break to real estate moguls.
Texas Democratic Party Chair Gilberto Hinojosa issued the following statement:
“Elected officials should never make policy to grow their personal fortune, it’s disgusting Senator Cornyn would exploit everyday Americans for huge tax giveaways to his colleagues in the Senate and Donald Trump’s family.”