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don beyer
Outrage Grows as Trump Admin Quietly Weighs New 'Tax Windfall for the Biggest Corporations'
"Apparently the Trump administration thinks the trillions they spent on tax cuts for the wealthy wasn't enough."
Dec 05, 2025
The Trump administration's quiet effort to deliver billions more in tax breaks to some of the largest companies in the United States drew fresh scrutiny and outrage this week, with Democratic members of Congress warning that a series of obscure regulatory changes could further undermine efforts to rein in corporate tax dodging.
In a letter to the US Treasury Department unveiled Thursday, Sen. Elizabeth Warren (D-Mass.) and Rep. Don Beyer (D-Va.) led a group of lawmakers in denouncing the Trump administration's assault on the corporate alternative minimum tax (CAMT), a Biden-era measure that requires highly profitable US corporations to pay a tax of at least 15% on their book profits—the numbers reported to shareholders.
"The Trump administration has consistently chipped away at CAMT to further corporate interests," the lawmakers wrote, pointing to rules issued in recent months exempting many corporations from the tax.
"But these massive giveaways apparently aren’t enough for billionaire corporations and their lobbyists, which are trying to further undermine CAMT," the lawmakers continued.
The Democratic lawmakers, who were joined by Sen. Bernie Sanders (I-Vt.), specifically warned against an ongoing corporate push for a carveout to a research and experimentation (R&E) tax break included in the Trump-GOP budget law enacted over the summer.
Corporations supported the R&E tax break. But as the Wall Street Journal reported last month, the giveaway is driving some companies' "regular taxes down so far that they are pushed into CAMT."
"This is exactly what CAMT was designed to do, the tax’s defenders say," the Journal noted. "Companies are pressing the Treasury Department for relief, particularly on the way that CAMT limits the deduction for research expenses. The National Association of Manufacturers, the R&D Coalition, and the National Foreign Trade Council sent letters urging the administration to write rules that would be favorable to companies."
The Treasury Department and Internal Revenue Service are reportedly considering the corporate proposal.
Such a change, Democratic lawmakers warned in their new letter, "egregiously circumvents Congress' intent to set a floor on corporations’ tax liabilities regardless of deductions."
But the Trump administration's hostility to the CAMT, cozy relationship with powerful corporations, and willingness to trample existing law have fueled concerns that it will readily bow to industry demands.
"Apparently the Trump administration thinks the trillions they spent on tax cuts for the wealthy wasn't enough now they're planning another huge tax windfall for the biggest corporations in the country," Beyer said Thursday.
In a social media post, Warren wrote that "giant corporations are lobbying Donald Trump for yet another tax handout—this time for research they've ALREADY DONE."
"Give me a break," Warren added. "The last thing American families need is a tax code rigged even more for billionaires and billionaire corporations."
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'Naked Corruption': Trump Commutes Fraud Sentence of Ex-GOP Congressman George Santos
"Trump says it plainly: Crimes don’t count if you 'vote Republican,'" said one Democratic congressman. "Just like his pardons of those who violently attacked police."
Oct 18, 2025
Continuing his pattern of pardoning allies and prosecuting adversaries, President Donald Trump on Friday commuted the prison term of former Republican Congressman George Santos, who was less than three months into a seven year sentence for wire fraud and aggravated identity theft.
"George Santos was somewhat of a 'rogue,' but there are many rogues throughout our Country that aren't forced to serve seven years in prison," Trump wrote on his Truth Social network.
Once again, Trump randomly attacked Sen. Richard Blumenthal's (D-Conn.) admitted lie about taking part in the US invasion and occupation of Vietnam. Blumenthal was a Marine stationed stateside during the war, in which Trump—who has been derided as "Capt. Bone Spurs"—avoided serving.
"This is what a wannabe king does."
"He never went to Vietnam, he never saw Vietnam, he never experienced the Battles there, or anywhere else," Trump said of Blumenthal. "His War Hero status, and even minimal service in our Military, was totally and completely MADE UP."
"This is far worse than what George Santos did, and at least Santos had the Courage, Conviction, and Intelligence to ALWAYS VOTE REPUBLICAN!" the president added. "George has been in solitary confinement for long stretches of time and, by all accounts, has been horribly mistreated. Therefore, I just signed a Commutation, releasing George Santos from prison, IMMEDIATELY. Good luck George, have a great life!"
Santos was subsequently released from the Federal Correctional Institution in Fairton, New Jersey after 10:00 pm Friday.
According to a copy of the commutation posted on social media, Santos will also no longer have to pay $370,000 in court-ordered restitution to victims of his fraud. Trump's action does not erase Santos' conviction.
Santos, 37, resisted pressure to resign from Congress over lies about his education, employment, family, religion, residence, net worth, and more.
As The New York Times reported Friday:
Mr. Santos claimed that he was descended from Holocaust refugees. His mother, he said, had been in the World Trade Center on September 11, 2001. He claimed to be a college volleyball star. And Mr. Santos boasted of extensive Wall Street experience that allowed him to report loaning his campaign hundreds of thousands of dollars. None of that was true.
Between May and October 2023, Santos was indicted on 23 criminal counts including wire fraud, aggravated identity theft, and conspiracy to commit offenses against the United States.
In December 2023, House lawmakers voted 311-114 to remove the freshman lawmaker from office. House Speaker Mike Johnson (R-La.) was among the 112 Republicans and two Democrats who voted against expulsion. Santos became just the sixth lawmaker to ever be booted from the House.
In August 2024, Santos pleaded guilty to two felony counts of wire fraud and aggravated identity theft. The following April, he was sentenced to 87 months behind bars and ordered to pay restitution and forfeiture totaling nearly $600,000.
Trump's commutation of Santos' sentence follows a series of high-profile acts of clemency. Most notorious among these was his blanket pardon earlier this year of more than 1,500 people charged in connection with the January 6, 2021 Capitol insurrection, for which the president—himself a 34-count convicted fraudster—was impeached for a historic second time. He was not convicted by the Senate either time.
George Santos is the 10th GOP Congressman to get a pardon or clemency from President Trump. The other nine were also all convicted of various criminal charges:
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— Jamie Dupree (@jamiedupree.bsky.social) October 17, 2025 at 3:17 PM
Friday's commutation also stands in stark contrast with the Trump administration's recent indictments of political foes including former FBI Director James Comey, New York Attorney General Letitia James, and former National Security Adviser John Bolton.
Critics were quick to note this pattern, which Congressman Don Beyer (D-Va.) called "naked corruption."
"George Santos pleaded guilty to identity theft and wire fraud, a small part of his lying and stealing that really hurt people," Beyer wrote on social media. "Trump says it plainly: Crimes don’t count if you 'vote Republican.' Just like his pardons of those who violently attacked police."
Wow, Trump just commuted disgraced former Congressman George Santos’ sentence.He must really want to distract from the Republican shutdown and the Epstein files.
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— Rep. Ted Lieu (@reptedlieu.bsky.social) October 17, 2025 at 4:46 PM
West Coast Trial Lawyers president Neama Rahmani said on X following Trump's announcement: "It's weeks away, but Trump is handing out pardons like Halloween candy. Disgraced former Rep. George Santos is the latest beneficiary, showing once again that flattering the president gets you everywhere."
"Sneaking it in on a Friday night means it will get less press too," Rahmani added. "I can’t wait for Santos’ first cameo appearance post-federal prison. Is Diddy the next recipient of Trump’s clemency?"
Congressman Mark Pocan (D-Wis.) also reacted to Trump's commutation on X, writing, "This is what a wannabe king does."
"Join us tomorrow at a No Kings rally near you," Pocan added, referring to the more than 2,700 pro-democracy demonstrations set to take place Saturday from coast to coast and around the world.
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'New Name, Still Cuts Medicaid': GOP Attempts Rebrand of Healthcare-Slashing Budget Bill Amid Dismal Polls
"Hey, so changing what you call this bill actually doesn’t change the harm that’s in it," said one Democratic senator. "Hope this helps!"
Sep 03, 2025
The Republican Party's massive budget law has shown itself to be decidedly unpopular with voters, as polls consistently show Americans opposed to its $1 trillion in cuts to Medicaid.
Because of this, reported Punchbowl News' Jake Sherman, US President Donald Trump met with GOP members of Congress on Wednesday morning to discuss how to boost the so-called One Big Beautiful Bill Act's popularity.
According to Sherman, Trump's message to the GOP is that the bill will become popular if "they completely rebrand it and talk about it differently."
Politico similarly reported that Republicans in Congress have been eager to rebrand the bill after enduring "a spate of angry crowds at... town halls and alarming polling that shows dismal views of the bill's safety-net cuts and deficit impact."
As Common Dreams reported last month, Rep. Doug LaMalfa (R-Calif.) faced angry constituents who yelled, "You cut our healthcare!" and called him a liar when he claimed the Medicaid cuts would improve healthcare services. Other Republicans have been confronted with similar outrage at town halls.
Republican pollsters are reportedly recommending that GOP lawmakers tout provisions in the bill such as eliminating taxes on some tips, although worker advocacy organization One Fair Wage has found that this provision won't benefit most tipped workers since two-thirds of them don't earn enough money to file federal income taxes.
In fact, New York Times congressional correspondent Annie Karni noted that Republicans started referring to the package as the "working families tax plan" after getting out of their Tuesday morning meeting.
But critics in the Democratic Party argued that a simple rebrand of the legislation is unlikely to be enough to rescue it in the court of public opinion, with Sen. Chris Murphy (D-Conn.) emphasizing that the problems with the law stem not from marketing, but from its substance.
"The poorest 25% of workers lose money under this bill while the richest Americans get a $270,000 tax cut," he wrote while sharing a chart of Congressional Budget Office estimates of the impact the law will have on different income groups. "They can rebrand all they want. The facts are the facts. They screwed working people to help their billionaire and corporate donors."
Several other Democratic lawmakers similarly pounced to mock the GOP's attempted rebrand.
Sen. Mazie Hirono (D-Hawaii) sardonically offered advice to her Republican colleagues, writing: "Hey, so changing what you call this bill actually doesn’t change the harm that’s in it. Hope this helps!"
Rep. Don Beyer (D-Va.) suggested a more accurate renaming of the One Big Beautiful Bill Act would be the “Tax on Working Families” plan.
"Under the GOP tax law, billionaires got the big tax cuts. In fact, thanks to Republicans, many working families will actually see their taxes go up," said Beyer. "And Trump's tariffs are a huge tax hike on working Americans."
Rep. Mary Gay Scanlon (D-Penn.) ridiculed the White House for "desperately" trying to rebrand the package because "working families think the GOP's plan to sacrifice their healthcare and SNAP benefits to give billionaires a tax cut is a bad idea."
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