Ad Blitz From Corporate Front Groups Pretend Biden Tax Fairness Isn't About Them
Washington, D.C. — The U.S. Chamber of Commerce and American Action Network are among the latest corporate front groups launching ads distorting the Biden Build Back Better plan to make investments beneficial to working- and middle-class families while ensuring rich corporations pay their fair share. These ads are yet another example of big corporate interests spending millions of dollars to protect the broken status quo that pads their bottom line at the expense of everyday Americans.
Last month, Accountable.US released an analysis finding that between 2009 and 2017, AAN received $12 million from Pharmaceutical Research & Manufacturers of America (PhRMA), the top lobbying group for the pharmaceutical industry. Additionally, in 2017 alone, AAN received a combined $6.8 million between contributions from Business Roundtable and the Retail Industry Leaders Association.
“Once again we see industry front groups pretend to represent everyday families while trashing efforts to make multi-billion-dollar corporations finally pay their fair share. These special interests don’t care about regular Americans trying to keep a roof over their heads and get by, they only care about making Trump’s irresponsible tax breaks for the rich permanent,” said Kyle Herrig, president of Accountable.US. “Big businesses have been rigging the system to maintain the status quo and promote their own self-interest over the interests of everyday Americans for far too long. Any lawmaker that is the target of this smear campaign needs to only look at the stack of polls to recognize the public is fully behind making corporations pay their fair share.”
Today, Accountable.US also released a report finding that Senator Kyrsten Sinema, who has recently threatened to “derail” the reconciliation bill, has taken at least $923,000 from the industry groups leading the lobbying blitz against the Build Back Better agenda, or from the individual corporations these groups represent.
Read the full analysis of AAN’s funding HERE.
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