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

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

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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

This corporate minimum tax would require business income to be calculated under a different set of rules, which wouldn't allow for full expensing. Normally, Congress sets the rules for how a company calculates taxable income, but here, an unelected body would. — PolitiTweet.org

Posted Nov. 13, 2021