The Purple America Coalition is endorsing U.S. Senator David Perdue in his runoff against Jon Ossoff January 5, 2021.
Few elected officials have Perdue’s private sector experience. He grew up working on local farms in middle Georgia, paid his way through college, and became CEO of a major national retailer employing thousands. He knows first-hand what it takes to create and maintain jobs in an evolving economy, and to make business a force for good in our communities. Most importantly, he will protect Georgians from the potential of a 61% combined tax rate currently embedded in the Democratic tax proposal that Ossoff supports.
Supports moving towards a balanced budget and away from perpetual deficit spending
Supports enacting term limits to negate the effects of structural incumbency
Authored the PROTECT Act to protect Americans with pre-existing conditions
Supported the First Step Act which removes mandatory minimums for first time, nonviolent drug offenders
Supporter of Senator Tim Scott’s Opportunity Zone bill, which has a primary aim of catalyzing investment in economically disadvantaged communities
“If there were more bipartisan problem solvers in the Senate like David Perdue, we would be better off as a country” — Tim Scott
Supported establishing permanent support for HBCU’s
Endorsed by the NFIB for support of small business
We take every ethical charge seriously. We thoroughly investigated Ossoff’s claims with the assistance of a securities industry veteran. We found the same thing that the DOJ did, that there was no basis of fact behind the claims that Perdue engaged in insider trading. What we did find, that alarmed us, was a clear pattern of distortion in Ossoff’s claims. It is clear to us that he has attempted to provide slanted information in his accusations to create a perception of guilt, for example:
He mischaracterized a company as a “PPE” stock even though they derive less than 10% of revenues from PPE and have witnessed a revenue decline overall due to Covid.
He cherry-picked three stock trades during the period of review from over thirty to paint an overly biased picture. For example, he claims Perdue sold Caesars Entertainment because of shut-down risk, and he omits the fact that on the same day his portfolio purchased Delta and Disney which were also at a similar level of shut-down risk.
The list of false claims goes on, and on. We have provided an in-depth report that you can access here that shows why every claim that Ossoff has made, is an inaccurate reflection, intending to slant voter perceptions negatively.
With 61% tax rates at stake for Georgia, the stakes are too high to take Ossoff’s claims as fact. We invite you to educate yourself, as we did, and vote on your principles, as we are.