Rob Portman

@senrobportman ↗

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Last Checked May 4, 2021

Created

Wed Apr 14 02:09:12 +0000 2021

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Rob Portman @senrobportman

In 2017, we lowered business tax rates to level the playing field and make the United States competitive once again. The results were incredible. $1.6T in overseas earnings came back home to invest & create #jobs here. — PolitiTweet.org

Posted April 14, 2021

Preceded By

Rob Portman @senrobportman

Under the Biden tax plan, US businesses would pay a combined tax rate of 32.8% - that is by far the highest rate in the developed world. This would hurt our economy, send businesses overseas and stifle investment in our cities and communities. — PolitiTweet.org

Posted April 14, 2021

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Rob Portman @senrobportman

The largest US companies increased domestic R&D spending by 25% ($707B) and capital expenditures by 20% ($1.438 trillion). All of this led to job creation, wage growth and economic prosperity. The unemployment rate plummeted to 3.5% and we saw the lowest poverty rate on record. — PolitiTweet.org

Posted April 14, 2021