Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked March 11, 2022

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Sat Nov 13 15:43:55 +0000 2021

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Pat Toomey (US Sen. ret.) @SenToomey

In fact, for manufacturing—a capital intensive sector—2018, the first year that the TCJA was in effect, was the best year for employment growth in more than 20 years. And, wages for production and non-supervisory employees increased to the highest level in a decade — PolitiTweet.org

Posted Nov. 13, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

The Tax Cuts & Jobs Act's most pro-growth feature was allowing businesses to immediately write off purchases of capital expenditures (full expensing), like investments in new equipment. This led to: ➡️Increased investment ➡️More productive workers ➡️Higher wages ➡️More jobs — PolitiTweet.org

Posted Nov. 13, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

Now, Dems want to penalize companies that do this in order to partially pay for their reckless tax & spending spree through a corporate minimum tax. — PolitiTweet.org

Posted Nov. 13, 2021