The impact of foreign tax loopholes extends far beyond just the record profits and inflated corporate bonuses.
Alex Padilla
The Public Record
Alex Padilla is an American politician serving as the junior United States senator from California since January 2021. He is a member of the Democratic Party and was appointed to fill the vacancy left by Kamala Harris when she became Vice President. Padilla is the first Latino senator from California and has focused on issues such as immigration reform, climate change, and healthcare access during his tenure. He previously served as the Secretary of State of California from 2015 to 2021, where he worked on expanding voting access and modernizing the state's election system.
Now this dynamic effectively, what we're doing Mr. Chair, is subsidizing offshoring.
Fossil fuels have benefited from enormous subsidies over the years, especially the foreign sources.
It seems to me this carve out is unacceptable, and has outlived whatever usefulness it might have had.
The impact of foreign tax loopholes extends far beyond just the record profits and inflated corporate bonuses that we read about all too often.
This type of systemic risk--financial risk, extends beyond wildfires, and has the potential to affect drought-stricken towns, heat-prone communities, or high-flood-risk areas across the country.
the most beautiful thing about our democracy is state sovereignty; one size fits all rarely works
the tax exemption is secure, and that that will continue onward and be an important part of the financing effort
I am proud to represent California. I know you are familiar with the most populous and diverse state in the nation, and it has been a leader on climate policy across the board.
the tax exemption is secure, and that that will continue onward and be an important part of the financing effort





