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This weekend Sen. Bob Corker delivered the GOP’s Weekly Address, in which, he called for “pro-growth tax reform” that eliminates tax loopholes. Yet just five weeks ago, Corker voted against a bill that would have eliminated tax loopholes for the Oil & Gas Industry. Corker has a thousand excuses for why he voted to protect big oil’s tax loopholes, but this shallow brand of politics is destructive and disgraceful. Tennesseans only see a hypocritical, self-serving politician watching out for one job — his own.
FIVE WEEKS AGO: Bob Corker Votes AGAINST Closing Tax Loopholes For Big Oil. On March 29, 2012 the Senate voted on a cloture motion on legislation to end subsidies to oil companies and to continue subsidies in alternative energy that are scheduled to end. Specifically, the bill would have ended or limited subsidies to oil and natural gas companies while extending subsides for wind companies and biofuel companies. The legislation failed to pass a cloture motion through a mostly party line vote. Bob Corker voted against the legislation to end oil subsidies. [ABC News, 3/29/2012; Senate.gov, 3/29/2012]
THIS WEEKEND: Corker said “We Need” to Close Tax “Loopholes.” “We need pro-growth tax reform. This means simplifying the tax code and doing away with most, if not all, of the $1.2 trillion in loopholes and tax expenditures that Congress has created to try to drive your behavior. This would allow us to broaden the tax base and lower rates for everyone.” [GOP Weekly Address, 5/5/2012]
Confused? Don’t be.
Big Oil & Gas Industry Has Given Corker $467,950 Since His ’06 Campaign for U.S. Senate. Corker, a member of the committee that oversees the Oil & Gas Industry, has raked in nearly a half million dollars worth of campaign contributions from the Oil & Gas Industry since 2006, according to the Center for Responsive Politics. [OpenSecrets.org, accessed 5/7/2012]
Tagged with: Bob Corker
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