Donald Trump spent his campaign promising billionaires and corporate special interest backers giveaways and favors – including his donors in Big Oil and Gas. Now, Trump and his MAGA lackeys in Congress are delivering with a $1 billion tax handout to Big Oil as part of their reckless tax breaks for the wealthy at the expense of health care and food assistance for working families. Once again, Trump and Congressional Republicans are proving that their corrupt billionaire allies will always come before the American people.
SHOT: Donald Trump Promised Tax Handouts And Special Favors To Big Oil In Exchange For $1 Billion In Donations …
Washington Post: “Trump’s response stunned several of the executives in the room overlooking the ocean: You all are wealthy enough, he said, that you should raise $1 billion to return me to the White House. At the dinner, he vowed to immediately reverse dozens of President Biden’s environmental rules and policies and stop new ones from being enacted.”
“Giving $1 billion would be a ‘deal,’ Trump said, because of the taxation and regulation they would avoid thanks to him, according to the people.”
CHASER: … And Now He Is Delivering A $1 Billion Tax Handout To Big Oil As Part Of The GOP’s Reckless Tax Giveaway At The Expense Of Working Families.
Bloomberg: “Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version of President Donald Trump’s sprawling fiscal package … Companies including ConocoPhillips, Ovintiv Inc. and Civitas Resources, Inc. lobbied in favor of it.”
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