Billionaire investor Carl Icahn announced Wednesday that he is forming a super PAC with $150 million of his own money “to help end the crippling dysfunction in Congress.”
“I am starting a Super PAC with my initial commitment of $150 million to help end the crippling dysfunction in Congress,” Icahn tweeted. In a follow-up tweet, he shared the letter he sent to the House Ways and Means Committee, the Senate Finance Committee, and House and Senate minority and majority leaders.
The super PAC’s first goal will be to reverse the trend of U.S. companies merging with foreign ones or relocating overseas because of high corporate taxes, Icahn said.
Vox: “Carl Icahn creates $150 million Super PAC advocating enormous tax cut for Carl Icahn.”