Judd Legum

@JuddLegum ↗

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Last Checked Aug. 29, 2022

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Mon Aug 01 11:40:42 +0000 2022

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Judd Legum @JuddLegum

4. The issue is that the Inflation Reduction Act partially pays for historic investments in climate by establishing a minimum corporate tax rate of 15% for corporations with over $1 billion in profits (The current statutory rate is 21%.) https://t.co/5eQOUHNwyh — PolitiTweet.org

Posted Aug. 1, 2022

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Judd Legum @JuddLegum

@GM @mtbarra 3. @mtbarra is also the Chair of @BizRoundtable, a corporate lobbying group that represents the nation's top CEOs. Shortly after the Inflation Reduction Act of 2022 was announced, the @BizRoundtable, led by @mtbarra, announced it was "strongly opposed" https://t.co/5eQOUHNwyh https://t.co/PsPMajMvn9 — PolitiTweet.org

Posted Aug. 1, 2022

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Judd Legum @JuddLegum

5. There are almost 32 MILLION businesses in the United States. But just 70 have profits over $1 billion and pay an income tax rate of less than 15% One of them is @GM In 2020, @GM's rate was 7.8% https://t.co/5eQOUHNwyh — PolitiTweet.org

Posted Aug. 1, 2022