Republican Sen. Marco Rubio has introduced a bill to prevent corporations from deducting employee expenses related to abortions and “gender-affirming care” for young children.
“The No Tax Breaks for Radical Corporate Activism Act” would still allow corporations to deduct “ordinary and necessary” expenses like health care plans. But the bill will explicitly prohibit employers from deducting or subsidizing travel costs for employees to obtain an abortion or for an employee’s child to undergo gender transition and affirmation “treatments,” the statement continued…
“Public policy should be used to strengthen families, not woke executives. We must work to strip the latter of undeserved benefits while empowering the former,” Rubio wrote in a Newsweek op-ed, noting that these companies are receiving tax breaks to “help their employees kill their unborn children.”
“Our tax code should encourage family formation and promote a culture of life,” he continued. “Instead, it too often encourages subsidies for the murder of unborn babies and the performance of horrific ‘medical’ treatments on kids.” Read more…
