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Judd Legum @JuddLegum
RT @billmckibben: Through the @BizRoundtable and @USChamber, companies like @GM and @Apple are apparently pressuring Senator Sinema to scut… — PolitiTweet.org
Judd Legum @JuddLegum
10. For more reporting that cuts through the corporate spin and delivers the FACTS, check out my newsletter Popular Information. It's free to sign up. https://t.co/TfpCItdVSo — PolitiTweet.org
Judd Legum @JuddLegum
9. In 2009, when Steve Jobs was CEO, Apple quit the @USChamber because the group was opposing climate action. Now @tim_cook is a dues-paying member of a lobbying group working to defeat the most significant climate investment in history https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
@SenatorSinema @BizRoundtable 8. Another member of the @BizRoundtable is @Apple CEO @tim_cook. Last year, Apple called on Congress and the Biden administration to take "urgent action" to pass "climate policies that quickly decarbonize our electric grid." https://t.co/5eQOUHNwyh https://t.co/W6EGZ0qPt5 — PolitiTweet.org
Judd Legum @JuddLegum
7. @SenatorSinema is highly attuned to the concerns of Corporate America. Perhaps Sinema will support the bill anyway. But it's not implausible that opposition from a group like @BizRoundtable could sway Sinema's vote https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
6. @mtbarra's decision to use @BizRoundtable to oppose the Inflation Reduction Act is significant. The organization spent millions to successfully defeat Build Back Better And a key vote, @SenatorSinema, has yet to announce her support https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
6. @mtbarra's decision to use @BizRoundtable to oppose the Inflation Reduction Act is significant. The organization spent billions to successfully defeat Build Back Better And a key vote, @SenatorSinema, has yet to announce her support https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
7. @SenatorSinema is highly attuned to the concerns of Corporate America. Perhaps Sinema will support the bill anyway. But it's not implausible that opposition from a group like @BizRoundtable could sway Sinema's vote https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
6. @mtbarra's decision to use @BizRoundtable to oppose the Inflation Reduction Act is significant. The organization spent billions to successfully defeat Build Back Better And a key vote, @SenatorSinema, has yet to announce her support https://t.co/5eQOUHO4nP — PolitiTweet.org
Judd Legum @JuddLegum
5. There are almost 32 MILLION businesses in the United States. But just 70 have profits over $1 billion and pay an income tax rate of less than 15% One of them is @GM In 2020, @GM's rate was 7.8% https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
4. The issue is that the Inflation Reduction Act partially pays for historic investments in climate by establishing a minimum corporate tax rate of 15% for corporations with over $1 billion in profits (The current statutory rate is 21%.) https://t.co/5eQOUHNwyh — PolitiTweet.org
Judd Legum @JuddLegum
@GM @mtbarra 3. @mtbarra is also the Chair of @BizRoundtable, a corporate lobbying group that represents the nation's top CEOs. Shortly after the Inflation Reduction Act of 2022 was announced, the @BizRoundtable, led by @mtbarra, announced it was "strongly opposed" https://t.co/5eQOUHNwyh https://t.co/PsPMajMvn9 — PolitiTweet.org
Judd Legum @JuddLegum
@GM @mtbarra 2. @mtbarra has said @GM will be all-electric by 2035. The Inflation Reduction Act of 2022 provides a $7500 credit for new electric vehicles through 2032. So GM supports the bill, right? I don't know, we asked GM, and the company didn't respond. But it gets worse. — PolitiTweet.org
Judd Legum @JuddLegum
1. @GM CEO @mtbarra presents herself as deeply committed to addressing climate change But now she's leading a campaign to defeat the largest climate investment in history. What gives? Follow this 🧵if interested https://t.co/5eQOUHNwyh https://t.co/IHvVx5vPdl — PolitiTweet.org
Judd Legum @JuddLegum
"The Republican Party's nominee for Maryland attorney general hosted a series of five radio shows in 2006 devoted to arguing in support of 9/11 conspiracy theories" https://t.co/4n2EbzOAFQ — PolitiTweet.org
Judd Legum @JuddLegum
7. CORRECTION: In June, Toomey was one of 14 Republicans who voted against the bill. But the core point stands: The bill had plenty of Republican support in June, and is effectively unchanged. — PolitiTweet.org
Judd Legum @JuddLegum
7. CORRECTION: Toomey was one of a handful of Republicans who voted no in June. Does change the fact that the bill is effectively unchanged. — PolitiTweet.org
Judd Legum @JuddLegum
@LPDonovan This is pretty disingenuous because corporate lobbyists would also oppose all those changes. Corporations today oppose all efforts that would require them to pay taxes, it doesn't matter how it is structured. — PolitiTweet.org
Judd Legum @JuddLegum
6. To make things even easier, here is a document that compares the House bill with the bill you voted for on June 16. Looking forward to your answer: https://t.co/nwZpVpPdiu — PolitiTweet.org
Judd Legum @JuddLegum
5. Challenge for @SenToomey. What is the language in the bill that passed the House that WAS NOT IN THE BILL YOU ALREADY VOTED FOR ON JUNE 16, which created the "$400 billion slush fund." This should be a very easy task for you. — PolitiTweet.org
Judd Legum @JuddLegum
4. The fact that nothing in the bill really changed strengthens the theory that Republicans were looking for a pretext to sink the veteran's bill because they were mad that Manchin and Schumer struck a deal on climate, drugs, and taxes. Sick. — PolitiTweet.org
Judd Legum @JuddLegum
3. Bottom line: If there is a $400 billion slush fund in this veterans bill TOOMEY AND THE OTHER REPUBLICANS ALREADY VOTED FOR IT LAST MONTH — PolitiTweet.org
Judd Legum @JuddLegum
@SenToomey 2. There were only two changes made to the bill which passed the Senate 84-14. One slightly changes the name of the bill. The other strikes a technical tax provision that is not at all related to a $400 billion slush fund. https://t.co/OVud5Ny1H8 — PolitiTweet.org
Judd Legum @JuddLegum
1. This 🧵definitely shows that @SenToomey and other Republicans are LYING about the PACT Act, which would provide veterans exposed to toxic burn pits desperately needed medical care They claim they are voting against it because Democrats ADDED a $400 billion slush fund FALSE — PolitiTweet.org
Jamie Dupree @jamiedupree
On June 16, the Senate voted 84-14 for the PACT Act (HR 3967). https://t.co/asq5fuJEZr On July 13, the House vote… https://t.co/UjT0v55Scj
Judd Legum @JuddLegum
3. According to this article, Lanchan Murdoch is very proud that Fox News was the first outlet to call Arizona for Biden. What happened to the Fox News staffer responsible for that decision? HE WAS FIRED. https://t.co/hlcgwnzk9g — PolitiTweet.org
Judd Legum @JuddLegum
3. According to this article, Lanchan Murdoch is very proud that Fox News was the first outlet to call Arizona for Trump. What happened to the Fox News staffer responsible for that decision? HE WAS FIRED. https://t.co/YZRPxylwm3 — PolitiTweet.org
Judd Legum @JuddLegum
2. The most significant news about Trump in recent days has been the January 6 committee hearings. What has Fox News done? It has refused to cover them. Instead, they air Tucker Carlson and others falsely claiming the committee is lying. — PolitiTweet.org
Judd Legum @JuddLegum
1. The idea that Fox News has "turned its back" on Trump is complete bunk. They continue to carry his water. https://t.co/ADNCDvC8Ld — PolitiTweet.org
Judd Legum @JuddLegum
Notably, this organization, @bizroundtable, that is so committed to climate DOES NOT EVEN MENTION CLIMATE announcing their objection to the bill. All that matters is keeping taxes as low as possible — PolitiTweet.org
Judd Legum @JuddLegum
Their objection to the bill is that corporations with MORE THAN $1 BILLION IN PROFITS will have to pay a minimum tax of 15% It’s too much for them, even though the statutory rate is 21% They want to be able to pay zero — PolitiTweet.org