Sen. Marco Rubio, a rising GOP star with presidential ambitions, is now criticizing the tax bill he voted for last week.
“The Florida Republican told the News-Press of Fort Myers that corporations will largely use their major tax cut to buy back shares or increase dividends to shareholders — which ‘isn’t going to create dramatic economic growth.’
“‘If I were king for a day, this tax bill would have looked different. I thought we probably went too far on (helping) corporations,’ Rubio told the newspaper in [an] interview published Friday. ‘By and large, you’re going to see a lot of these multinationals buy back shares … [and] pay out dividends to shareholders.'”
REUTERS/Yuri Gripas
This was common knowledge before the vote.
Another GOP senator who objected to the bill was Susan Collins of Maine, who likely will end up getting nothing in exchange for her “yes” vote. With Sen. John McCain out for health reasons, Collins’ and Rubio’s “no” votes would’ve sent this legislation back to the drawing board. Instead, they put party loyalty above America’s workers, who will end up paying for billionaire tax cuts that won’t do much for the economy or create very many jobs.
Read the story here.
Image: Portrait of a two-faced, double-talking politician.