Corker flips — will vote for GOP tax bill after all

Press release from Sen. Bob Corker

CHATTANOOGA, Tenn. – U.S. Senator Bob Corker (R-Tenn.) today announced his support for the tax reform legislation developed by members of the Tax Cuts and Jobs Act Conference Committee.

“After many conversations over the past several days with individuals from both sides of the aisle across Tennessee and around the country—including business owners, farmers, chambers of commerce and economic development leaders—I have decided to support the tax reform package we will vote on next week.

“This bill is far from perfect, and left to my own accord, we would have reached bipartisan consensus on legislation that avoided any chance of adding to the deficit and far less would have been done on the individual side with items that do not generate economic growth.

“But after great thought and consideration, I believe that this once-in-a-generation opportunity to make U.S. businesses domestically more productive and internationally more competitive is one we should not miss. While many project that it is very possible over the next ten years we could be at least $500 billion short on a $43 trillion policy baseline, I believe this bill accompanied with the significant regulatory changes that are underway, and hopefully, future pro-growth oriented policies relative to trade and immigration, could have significant positive impact on the well-being of Americans and help drive additional foreign direct investment in Tennessee.

“In the end, after 11 years in the Senate, I know every bill we consider is imperfect and the question becomes is our country better off with or without this piece of legislation. I think we are better off with it. I realize this is a bet on our country’s enterprising spirit, and that is a bet I am willing to make.”

Note: Corker’s promised vote (after voting no in committee), combined with Florida Sen. Marco Rubio saying he, too, will go along with the plan, apparently assures passage. Some sample national media reports: Washington Post HERE; Politico HERE.

Previous post (when he was the only GOP no vote) is HERE.

4 Responses to Corker flips — will vote for GOP tax bill after all

  • Leslie Parsley says:

    These Republicans are all schizo.

  • Penny Tucker says:

    I had faith in him–what happened??

  • Penny Tucker says:

    I has faith in him–what happened? history will not be kind.

  • Cannnoneer2 says:

    The Senate could have improved the worldwide taxation problems that individuals suffer, especially expats. FATCA could have been repealed, among other things. Lavish the love on corporations and kick the individual in the face. Territorial taxation? A disaster in the making. You might want to find some way for corporations to vote Republican in future congressional races. This individual won’t . I have never voted for a Democrat in a Senate race buy that will change.

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