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Blake Farenthold’s Texas office draws protest over tax breaks for rich

While Wall Street’s still occupied by protestors railing against financial policies that help only the rich — and spin-off protests are getting set for cities

Jul 31, 2020
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While Wall Street’s still occupied by protestors railing against financial policies that help only the rich — and spin-off protests are getting set for cities around Texasnext week — Democrats in Corpus Christi are mounting a protest of their own, targeted at one rich guy in particular: Republican Congressman Blake Farenthold.
The Corpus Christi Caller-Times reportsthat the Nueces County Democratic Party will be setting up “within shouting distance” of Farenthold’s office today, arguing for policies “to improve the economy by raising tax rates for millionaires and billionaires so their rates are in line with what middle class workers pay,” according to one official with the party.
Politico has featured Farenthold as a member of the “millionaires club” in Congress today, though as the Texas Independent reportedin June, his finances are a little murkier than that.
To help fund his reelection effort without dipping into his own pockets too much, Farenthold joined fellow Texas Republican Congressman Francisco “Quico” Canseco in a joint operation called the Canseco-Farenthold Victory Committee, Politico reportedThursday, a Washington-based fundraising body that can split money between the two candidates any way it sees fit.
The Democratic Congressional Campaign Committee has zeroed inon the two as particular targets next year.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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