Taking Account (our weekly newsletter)

REPORT: Two-Thirds of Senate Republicans Are Millionaires Who Stand To Benefit From Obstructing Biden's Tax Plan and His Build Back Better Agenda

Just before the U.S. Senate passed several major elements of the Biden Build Back Better agenda, we released a new report which found that at least 125 Republicans in Congress, with average net worths of at least $1 million and/or who hold assets in excess of $1 million, oppose efforts to level the playing field for everyday Americans by having the top 1% and big corporations pay their fair share in taxes.

The Republican Millionaires Caucus includes 2/3 of Republican Senators (33 of 50) and over 40% of U.S. Republican House members (92 of 211), all of whom stand to benefit from obstructing Biden’s publicly-backed tax proposals. Echoing attacks from industry lobbyists, these Republicans in Congress are determined to protect Donald Trump’s 2017 tax cuts that overwhelmingly benefit big corporations and the wealthiest individuals … including themselves.

The Republican State Leadership Committee has been instrumental in spreading the Big Lie, even creating an "election integrity" commission that has been accused of working to suppress voting in all 50 states. Companies like Boeing and GlaxoSmithKline are writing massive checks to the RSLC -- despite its anti-democratic actions.

Retweet our tweet to spread the word about the companies bankrolling RSLC’s voter suppression efforts:

“These Republicans Personally Gain From BLOCKING Taxes”
-- The Young Turks

In this clip, The Young Turks discuss our new report revealing the 125 Republicans in Congress who stand to personally benefit from obstructing President Biden’s tax increases on the top 1% and big corporations.

Watchdog to Kroger: Practice What You Preach

On August 6th, major U.S. grocery store chain Kroger announced that Elaine Chao, former Secretary of Transportation and a key ally of disgraced former President Trump, had been named as one of the company’s board of directors. This move directly undermines the values promoted on Kroger’s website: honesty, integrity, respect, diversity, safety, and inclusion. In light of widespread backlash, it appears the company is now trying to distance itself from the decision, highlighted by a since-deleted tweet that welcomed Chao to its board.

Accountable.US President, Kyle Herrig, had this to say: “If Kroger was interested in living up to its values, it wouldn’t associate with Elaine Chao, let alone select her to serve on its board. It seems clear that honesty, integrity, respect, diversity, safety, and inclusion are simply buzzwords to Kroger, which has a history of exploiting workers and the community it claims to serve for profit. Actions speak louder than words, and Kroger’s decision to elevate a top Trump official complicit in the former president’s anti-democratic and inhumane agenda speaks volumes.”

INFOGRAPHIC OF THE WEEK

Despite Big Oil’s fear mongering about President Biden’s climate plans, the industry raked in millions of dollars in profits this quarter:

Abbott's corporate donors

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