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Vern Buchanan bought yacht after voting for House version of GOP tax bill
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Candidate
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| Contributor | RP |
| Last Edited | RP Jul 12, 2018 04:09pm |
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| Category | Profile |
| Author | Drew Wilson |
| News Date | Wednesday, July 11, 2018 10:00:00 PM UTC0:0 |
| Description | A recently filed financial disclosure shows U.S. Rep. Vern Buchanan celebrated passing the House version of the Republican tax bill in quite the lavish way.
According to the disclosure, Buchanan spent between $1 million and $5 million purchasing an Ocean Alexander yacht on Nov. 16, 2017, the same day he joined 226 other Republicans and no Democrats in voting for the first draft of the “Tax Cuts and Jobs Act.”
Given his net worth and income, progressive group Tax March estimated that the bill would save him up to $2.1 million on his taxes. |
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