Georgia House Passes Bill Stripping Delta Of A Multimillion Tax Break After It Slammed The State’s New Voting Restrictions

Topline

Georgia Republicans voted to strip Delta Air Lines of a jet fuel tax break worth tens of millions of dollars Wednesday after the company u-turned to unequivocally condemn the state’s widely-criticized voting restrictions, joining a growing list of executives who have criticized the new restrictions amid a debate over boycotting Georgia’s biggest companies.

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Georgia’s House voted to repeal a tax break for Delta, the largest private employer in the state (AP … [+] Photo/Rick Bowmer)


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Key Facts

Republicans in Georgia’s House of Representatives voted to revoke Delta’s tax break, which is worth tens of millions of dollars a year.

The move was in response to CEO Ed Bastian condemning Georgia’s controversial voting bill, who described it as “unacceptable” and not matching “Delta’s values.”

A number of prominent Georgia-based companies—including Delta, Coca-Cola and Home Depot, which exert a powerful force on Georgia politics— condemned the law after pressure grew from activists to boycott them for not taking stronger stances against the law.

The bill, introduced towards the very end of the legislative session, was not taken up by the Senate before it adjourned and has not become law. 

Key Background

Georgia’s Governor Brian Kemp (R) signed a bill last week enacting numerous new voting restrictions in the state, part of a broader Republican effort to limit voting access in at least 43 states. The rationale frequently given for such laws is to restore fractured confidence in America’s voting system, though much of this is based on baseless allegations of fraud and election rigging that have still not been substantiated by former President Donald Trump and his allies in the many months of making them. In Georgia, the bill would shorten early voting hours, limit ballot drop boxes and outlaw non-poll workers handing out water or food to waiting voters waiting.

Crucial Quote 

Bastian on Wednesday condemned the new voting restrictions in stronger terms, after sending out an initial, less critical statement: “The entire rationale for this bill was based on a lie: that there was widespread voter fraud in Georgia in the 2020 elections,” Bastian wrote. “This is simply not true. Unfortunately, that excuse is being used in states across the nation that are attempting to pass similar legislation to restrict voting rights.”

Big Number

33,000. With this many employees, Delta is the state’s largest private employer.

Contra

Voting rights activist Stacey Abrams has urged companies not to boycott her home state, arguing that a slowdown of economic activity could harm the very people the boycott is meant to protect. “[Leaving] us behind won’t save us,” Abrams wrote. “So I ask you to bring your business to Georgia and, if you’re already here, stay and fight.” 

Further Reading

Atlanta’s Coca-Cola And Delta Join Companies Opposing New Georgia Voting Law (Forbes)

Georgia House votes to strip Delta Air Lines of big tax break after carrier’s CEO condemns state’s new voting curbs (CBS News)

Dozens Of Black Executives Urge Corporate America To Battle Restrictive Voting Laws, Report Says (Forbes)

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Nicholas ‘Nick’ Statman entered the property industry in 2001 and set up a property buying company that quickly established itself as one of the biggest in the sector. During this time the Company successfully transacted on thousands of residential properties across the UK. Nicholas Statman was an early pioneer of the ‘quick sale’ niche market which has since grown considerably with a multitude of companies now operating in the sector. Nicholas Statman has strategically built a sizeable residential and commercial property portfolio with a view to holding for optimum capital growth and a long term passive income. Nicholas Statman has been involved in almost every aspect of the property sector over a 20 year period – this includes buying and selling, development, letting and management and is now involved in the fast growing online/ hybrid Estate Agent industry.

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