There’s a growing rift between corporate America and the GOP – two groups that have long been bedfellows.
The latest incident involves a restrictive voting law passed in Georgia – with dozens of other states working on their own measures meant to limit voting. Over 300 companies, CEOs and other executives signed a statement printed in The New York Times to “defend the right to vote and oppose any discriminatory legislation,” while Major League Baseball moved its All-Star Game from Atlanta to Denver.
Republicans reacted furiously and warned of retribution, including eliminating tax breaks for companies taking a stand on the issue. Texas’ governor backed out of throwing the ceremonial first pitch at the Texas Rangers’ home opener. And Senate Minority Leader Mitch McConnell bluntly warned companies to “stay out of politics” – though he later softened his tone. Continue reading.