Rob Portman

@senrobportman ↗

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Last Checked May 7, 2021

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Wed Apr 14 02:09:12 +0000 2021

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Rob Portman @senrobportman

CBO has estimated that 70% of corporate tax increases are paid by workers. Why would we want to put in place policies that lead to less U.S. investment & fewer jobs at a time when the global economy is more competitive than ever before? — 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

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Rob Portman @senrobportman

Even with the added infrastructure, the Penn-Wharton Model projects that @POTUS’s tax plan would result in about a 1% reduction in GDP and a 0.7% drop in wages by 2031 over current projections.https://t.co/pVert7GFbN — PolitiTweet.org

Posted April 14, 2021