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For years, America s biggest companies have steered clear of politics, except for hefty donations. Now, there s more of an expectation for them to speak out, just as they face a big tax increase. Companies probably don t want a tax increase, and seem mixed on responding to it. Corporate America is going through growing pains on political activism but it s still trying to fight off higher taxes. In the Biden era, the two may go hand in hand. Long apolitical, the dynamic that emerged during the Trump years of big business weighing in on hot-button social issues has, if anything, accelerated in 2021, as reflected in the recent corporate outcry against Georgia s recent legislation to restrict voting rights.

United statesRice universityDonald trumpJeff bezosVanessa burbanoJosh boltenGary cohnJohn zimmerJoe manchinNeil bradleyDoug schulerSenate minority leader mitch mcconnellMeans committeeUs congress joint economic committeeNational economic councilColumbia business school