The Progressive


A project of Common Dreams

For Immediate Release

Sam Quigley,, 202-446-0489


Rubio Admission on Corporate Tax Cuts "Too Little, Too Late"

"Rubio knew as well as anyone that the bill he voted for wouldn't help workers, but he voted for it anyway."


This morning, following Senator Marco Rubio's statement that "there's no evidence whatsoever that the money's been massively poured back into the American worker" as a result of last year's corporate tax cuts, the Chair of the Patriotic Millionaires and former managing director at BlackRock Morris Pearl released the following statement:

"I'm glad to see that Senator Rubio has finally come to terms with the fact that the massive corporate tax cut he voted for is doing nothing to help American workers, but his admission is too little, too late. This isn't news to anyone who's been paying attention - we all knew long before the bill passed that it would almost exclusively help millionaires, billionaires, and multinational corporations. Rubio knew as well as anyone that the bill he voted for wouldn't help workers, but he voted for it anyway.

Maybe I'm wrong, maybe Senator Rubio was actually misinformed about the effects of the Republican tax bill, and now he sincerely regrets voting for it. In that case, I look forward to his public commitment to rolling back the egregious corporate tax cuts that again, he voted for."

The Patriotic Millionaires is a group of high-net worth Americans who share a profound concern about the destabilizing level of inequality in America. Our work centers on the two things that matter most in a capitalist democracy: power and money. Our goal is to ensure that the country's political economy is structured to meet the needs of regular Americans, rather than just millionaires. We focus on three "first" principles: a highly progressive tax system, a livable minimum wage, and equal political representation for all citizens.

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