Van Hollen Speaks on Big Pharma Tax Cheat Investigation as GOP Plans New Tax Giveaway for Ultra-Rich

U.S. Senator Chris Van Hollen (D-Md.) speaks on the Senator Floor along with Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and others on findings from Senate Finance Committee Democrats’ investigation into the tax avoidance practices of Big Pharma, fueled by Trump’s 2017 tax legislation. In his remarks, Senator Van Hollen highlights how big corporations have been exploiting that tax law to boost their profits by hiding income overseas while hiking prices for Americans. He also underscores that the new tax giveaway for the very rich and big corporations that Donald Trump and Republicans are planning amounts to a Great Betrayal against the American people – instead of lowering costs for everyday Americans, they are working to further enrich the already wealthy and powerful at the expense of everyone else.