John, we knew Glenn Youngkin was a corrupt hedge fund manager, but we didn’t know he’d sink this low.

In January 2020, Youngkin took a sweet deal from the Carlyle Group, the private equity firm he co-managed. This deal, codenamed “Project Phoenix”, added $8.5 million to Youngkin’s personal portfolio, at a tax rate of zero. This was in addition to Youngkin’s $27 million annual salary.

Youngkin’s massive payout paints a picture of everything wrong with our broken financial system. The carried interest loophole protects him from paying a fair tax rate on his shady earnings, and this time he paid absolute zero, at the expense of first responders.

Pittsburgh’s Comprehensive Municipal Pension Trust Fund is now suing Youngkin and his co-conspirators for avoiding taxes that fund the pensions of that city’s police and firefighters.

John, Youngkin’s greed is palpable. How can he support Virginia’s first responders while ripping off their brethren in Pittsburgh? We need to rectify our financial system and hold him accountable by expanding our Democratic Senate majority. Since we don’t have billionaire friends like Youngkin, we’re counting on your $5donation. Can you chip in today to help us send Hala to Richmond, and show Youngkin that we won’t stand for his backroom deals?

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We need you with us,

Team Ayala



Paid for by Hala for Virginia

Hala for Virginia
P.O. Box 7434
Woodbridge, VA 22195
United States

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