Major corporations speaking out, and sometimes voting with their pocketbooks, against Georgia’s new election law is the latest example of a growing rift between the Republican Party and its traditional support base in the business community.
Big businesses are no longer seen as reliable allies on conservative policy priorities that do not protect their bottom lines, party operatives say. Now, some Republicans are considering policies that will punish corporations ranging from Big Tech to so-called “woke capitalists.”
The split was heightened under former President Donald Trump, who supported higher tariffs and trade policies that were heavily opposed by big business. Georgia’s new election law was passed after Trump narrowly lost the state to President Joe Biden.
Since then, Republicans have discussed taking a harder line on antitrust laws in a departure from party orthodoxy that dates back to Ronald Reagan. A trio of GOP senators