On the recordMay 9, 2018
when we look at what this body has done over the past year and a half, when we look at what the U.S. Senate stands for and what the 100 Members of the Senate have done in the last 18 months, unfortunately, one thing is really clear: Corporations get handout after handout while ordinary Americans get the shaft. Corporations are doing really, really, really well, especially those companies that shut down production in places like Mansfield, Toledo, Lima, and Gainesville and moved production overseas; those companies are rewarded. They are rewarded because down the hall, often in the dead of night, lobbyists gather in the majority leader's office and write tax legislation, write healthcare legislation, and write consumer legislation that always helps the richest and the biggest and the most profitable in our country and leaves out the middle class, working families, and low-income Americans. We saw it with the tax bill. Eighty percent of the benefits over the course of this bill--80 percent of the benefits, $4 out of every $5--go to the top 1 percent of earners in this country. Reports show that corporations have funneled their tax savings to executives and investors over workers by a three-to-one margin. The people who wrote this tax bill promised us that the money saved by large corporations--their tax rates were cut from 35 to 22 percent and other kinds of tax goodies were bestowed on the largest corporations in this country.…





