Republicans are going on offense against "woke" corporations, with GOP lawmakers promoting an increasingly populist ideology and deploying aggressive tactics such as boycotts – a stunning transformation that led one analyst to muse: "Republicans found a spine during the Trump presidency."
The GOP has for decades backed measures that lower corporate taxes and cut regulations in a bid to benefit businesses’ bottom lines – and, the financial theory goes, the U.S. economy in turn. But that much-hyped alliance is unraveling as more and more big businesses weigh in on legislation, in the process alienating some of their staunchest Capitol Hill defenders.
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