As we approach the two-year anniversary of Senator Collins’ vote for the GOP tax bill, Maine Democrats will highlight how Senator Collins put corporate special interests ahead of hardworking Mainers in a series we’re calling the “12 Days of Corporate Tax Giveaways” 🎁💰☃️

 

The GOP tax bill was a “radically” good for Delta Airlines. Thanks to the new law, the corporation raised their earnings projections by 20% and paid no federal taxes in 2018.

 

After Senator Collins voted for that bill, Delta Airlines' Corporate PAC started donating to her for the first time in her political career. In fact, since her vote for the GOP tax bill, Collins and her leadership PAC have taken $3,500 from Delta’s Corporate PAC.

 

While Collins’ vote for the tax bill may have helped her woo corporate special interest donors like Delta, it has been bad for her constituents in Maine. The bill raised health care premiums and created a marriage penalty for Maine families all while laying the foundation for a lawsuit that would end coverage protections for the nearly 600,000 Mainers with pre-existing conditions and adding nearly $2 trillion to the national debt.

 

“Mainers were hit hard by the GOP tax bill and Senator Collins is responsible for that,” said Maine Democratic Party Executive Director Lisa Roberts. “While she may still be popular with corporate special interests, Mainers are focused on holding her accountable for bad votes like this one and defeating her in 2020.”

 

After Collins voted for the tax bill that helped Delta pay $0 in income taxes, Delta began contributing to her for the first time in her career

 

2018-2019: Delta’s Corporate PAC Donated $3,500 To Collins, the first times in her political career that Delta gave her money

 

2018-2019: Delta’s Corporate PAC Donated $3,500 To Collins And Her Leadership PAC. [FEC, accessed 12/5/19]

 

Collins-backed tax bill helped Delta Airlines pay no federal taxes in 2018

 

HEADLINE: “Delta Sees Double Benefit From Tax Cut, Shares Rise.” [Reuters, 1/11/18]

 

HEADLINE: “Delta Raises 2018 Earnings Guidance 20% Due To Tax Law.” [CNBC, 1/11/18]

 

2018: “President Donald Trump’s New Tax Law Aided Corporations So Radically” That Delta Airlines Paid No Federal Taxes. “President Donald Trump’s new tax law aided corporations so radically that twice as many companies paid no federal taxes whatsoever in 2018, despite billions of dollars in profit, according to a new study. Amazon, Netflix, Chevron, Eli Lilly, Delta Airlines, General Motors, IBM and Goodyear were among the tax-free corporate titans, according to an analysis by the Institute on Taxation and Economic Policy, a Washington think tank, released Thursday.” [Huffington Post, 4/12/19]

 

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