[ [link removed] ]Katie Porter for Congress

John,

Some of the biggest, most profitable corporations have gotten away with
paying a lower tax rate than you probably do. Any of my kids could do that
math and tell you—it’s not fair.

Since being elected, I’ve been pushing Congress to hold big corporations
accountable for paying their fair share. We had a real success earlier
this week when President Biden signed the Inflation Reduction Act into
law, which will increase tax fairness by:

* Requiring corporations with $1 billion or more in annual profits pay
at least a 15% tax.
* Funding to allow the IRS to audit the largest, most profitable
companies, who have relied on teams of lawyers to help them evade
taxes and exploit loopholes for decades. For every dollar we spend on
IRS enforcement, we recover $5 that is owed to the rest of us.

Big corporations shouldn’t get special treatment from Washington. I’m
proud to reject all corporate PAC contributions, and excited about this
win for taxpayers.

Katie Porter

[ [link removed] ]Donate ›››

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|Katie is running for re-election in California’s 47th district, which |
|includes Irvine and coastal Orange County. This purple district contains|
|an equal number of Democrats and Republicans and is a must-win for |
|Democrats. Consider pitching in today so we have the resources to keep |
|Katie in Congress fighting for working people. |
| |
| [ [link removed] ]Donate ››› |
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