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Judd Legum @JuddLegum
Each state gets two Senators, except Arizona, which gets one Senator plus a Senator to represent the interests of hedge funds. Look it up, it’s in the Constitution. — PolitiTweet.org
Judd Legum @JuddLegum
.@SenatorSinema wants a loophole to allow corporations to avoid the 15% minimum tax by breaking their company into a bunch of subsidiaries. — PolitiTweet.org
Judd Legum @JuddLegum
Thank you @SenatorSinema for always putting the interests of hedge funds first — PolitiTweet.org
Lisa Desjardins @LisaDNews
Let me try to explain this in short bursts. 1. The bill does NOT have 50 votes at the moment. 2. B/c… https://t.co/rey6R6THrr
Judd Legum @JuddLegum
Congrats to @SenatorSinema for preserving the tax loophole for hedge fund managers. A true champion of the people. — PolitiTweet.org
Sahil Kapur @sahilkapur
Big: @KyrstenSinema signs off on the Democratic reconciliation bill after securing some changes, including dropping… https://t.co/V4iZggNIr3
Judd Legum @JuddLegum
I think @SenatorSinema's leverage is overstated. Yes, she is the deciding vote. But does she want to effectively end her career in the Senate to preserve a tax loophole for hedge fund managers? — PolitiTweet.org
Judd Legum @JuddLegum
@mtbarra @BizRoundtable @SenatorSinema 8. If you click through @BizRoundtable's Facebook ad you end up at this landing page. https://t.co/L87UY0zaQd — PolitiTweet.org
Judd Legum @JuddLegum
@mtbarra 7. The @BizRoundtable, under @mtbarra's leadership, is currently spending thousands on a Facebook ad urging people to contact their representative and "to reject tax increases and keep America competitive" The ads are targeted at Arizona. @SenatorSinema could still sink the bill https://t.co/Oqemk2pKob — PolitiTweet.org
Judd Legum @JuddLegum
@joemcginnissjr @GM It's still pretty weird. — PolitiTweet.org
Judd Legum @JuddLegum
6. It still raises the question of why, if @mtbarra supports the bill, she is leading a corporate lobbying group that "strongly opposes" it but I'm not sure we'll ever get an answer. — PolitiTweet.org
Judd Legum @JuddLegum
5. Barra does say that @GM "supports the Inflation Reduction Act as currently proposed." That's progress! Earlier this week, @GM did not respond to comment about its views on the bill. https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
4. When it's @mtbarra's turn to talk, Biden kicks things off by saying: "Mary, we owe you big. You started all this" Huh? Is Biden aware that Barra has been leading an organization that has been spending millions to defeat this bill (and previous versions) What is happening? — PolitiTweet.org
Judd Legum @JuddLegum
3. @GM's comms department sent out a statement prior to the roundtable which pointedly DID NOT ENDORSE THE BILL. Rather, @GM only supports "those provisions that accelerate the adoption of electric vehicles and strengthen American manufacturing and jobs" — PolitiTweet.org
Judd Legum @JuddLegum
2. One of the handful of CEOs invited to this roundtable, which is designed to promote the Inflation Reduction Act is @GM's @mtbarra Barra is the chair of the @BizRoundtable a powerful corporate lobbying group which is OPPOSING THE INFLATION REDUCTION ACT https://t.co/m8ZNuBg2C0 — PolitiTweet.org
Judd Legum @JuddLegum
1. Biden is hosting a CEO roundtable event at the White House today to promote the Inflation Reduction Act and it is EXTREMELY WEIRD 🧵 https://t.co/osRNozdIm6 — PolitiTweet.org
Judd Legum @JuddLegum
The White House seems to be happy to play along. They keep inviting her to the White House where she postures as if she's supporting their policies. Meanwhile, she's in charge of a powerful corporate lobbying group that has been working to undermine climate action. — PolitiTweet.org
Judd Legum @JuddLegum
@GM @mtbarra @BizRoundtable It's disturbing that @mtbarra has been able to get away with this double game. Positioning herself and @GM as climate champions while simultaneously working to defeat legislation critical to addressing climate change. https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
Biden is meeting today with @GM CEO @mtbarra to discuss the Inflation Reduction Act. Will they be talking about how Barra, as chair of the @BizRoundtable, is leading an effort to defeat the bill? https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
RT @JuddLegum: 1. In June, @Twitter donated $25,000 to @RepublicanAGs, an anti-abortion political committee soliciting funds to "combat the… — PolitiTweet.org
Judd Legum @JuddLegum
RT @RMac18: Good find from Judd, and particularly interesting timing given a certain Texas AG's desire to take action against the company h… — PolitiTweet.org
Judd Legum @JuddLegum
@loverofliberals @CaseyNewton @platformer There is really no such thing as "dues" to these organizations. It's just a marketing term. — PolitiTweet.org
Judd Legum @JuddLegum
@CaseyNewton @platformer 10. UPDATE: A spokesperson for Twitter sent an additional statement: https://t.co/AFiUnIaVUs — PolitiTweet.org
Judd Legum @JuddLegum
RT @CaseyNewton: Two years ago, Twitter shut down its PAC, saying “political influence should be earned, not bought." Then in June the com… — PolitiTweet.org
Judd Legum @JuddLegum
RT @CREWcrew: In June, Twitter gave $25k to RAGA, which is soliciting funds to "combat the Democrats' pro-abortion agenda and stand tall fo… — PolitiTweet.org
Judd Legum @JuddLegum
9. This article was published in partnership with @CaseyNewton and @platformer, a daily newsletter about tech and democracy https://t.co/bnx8TtXhS9 — PolitiTweet.org
Judd Legum @JuddLegum
@Twitter 8. For more journalism that holds powerful corporations accountable, subscribe to Popular Information. It's free to sign up. https://t.co/2pHvuAogE0 https://t.co/lNIgIijZaz — PolitiTweet.org
Judd Legum @JuddLegum
7. That @Twitter is making any political donation is quite unusual. It shut down its PAC in 2020 and has avoided making political donations since then. A spokesman said at the time that "political influence should be earned, not bought." https://t.co/CzRk0Qw08l — PolitiTweet.org
Judd Legum @JuddLegum
6. @Twitter didn't offer a specific explanation as to why it donated to either group. But the donation follows a series of aggressive actions against Twitter by Republican AGs, including an investigation launched by @KenPaxtonTX into the prevalence of bots on Twitter — PolitiTweet.org
Judd Legum @JuddLegum
@realjamesgonz @Twitter @RepublicanAGs Read The Article Alert — PolitiTweet.org
Judd Legum @JuddLegum
5. Twitter also says it donated $25,000 to the @DemocraticAGs in late-July, although there is no public record of such a donation. The latest IRS filings cover donations received through the end of June. https://t.co/CzRk0Qw08l — PolitiTweet.org
Judd Legum @JuddLegum
4. In response to a request for comment, @Twitter initially described its donation to @RepublicanAGs as dues it pays to the org every year. When we pointed out there was no prior record of Twitter donations to @RepublicanAGs, @Twitter acknowledged it was its first year donating — PolitiTweet.org
