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

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

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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

If Democrats get their way & impose a 15% corporate minimum tax, there will be: ❌Less investment ❌Less productivity ❌Slower wage growth — PolitiTweet.org

Posted Nov. 13, 2021