Renacci’s Tax Problem: Took $50,000 from Corporations Who Didn’t Pay Corporate Income Taxes
Washington, D.C. – New research found that over the past two elections, Congressman Jim Renacci (R-Ohio) has received at least $48,634 in campaign donations from political action committees, executives, and lobbyists representing 10 companies that paid no federal income tax from 2008 to 2010. The analysis was based on data from the Center for Responsive Politics, the Federal Election Commission (FEC), and a 2011 report by Citizens for Tax Justice.
Congressman Renacci has been criticized for failure to pay taxes in Ohio, despite being among the wealthiest members of Congress.
“It should come as no surprise that Jim Renacci, who refuses to pay his fair share of taxes, receives tens of thousands in campaign contributions from tax-avoiding corporate interests,” said David Donnelly, co-founder and co-director of Friends of Democracy, a super PAC established to hold politicians accountable for money in politics corruption.
Rep. Renacci accepted the following contributions from corporations dodging their taxes:
* The lobbyists figure here represents contributions from lobbyists hired by the companies identified in the chart.
Friends of Democracy is working to defeat members of Congress who oppose common sense reform of money in politics and to elect champions of reform. The organization is conducting a voter education program about Congressman Renacci’s connections to wealthy donors through a mail, telephone, and web program in Ohio’s 16th Congressional District.