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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

Why should low & middle-income Pennsylvanians have to finance the multimillionaire’s decision to live in Upper East Side Manhattan? They shouldn't. — PolitiTweet.org

Posted Nov. 12, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

≈97.5% of the benefit from the proposed cap increase would go to Americans making > $100K. This means a wealthy individual who chooses to live in the Upper East Side of Manhattan will benefit greatly, but a working class family living in Dauphin County, PA will not. — PolitiTweet.org

Posted Nov. 12, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

The Tax Cuts & Jobs Act capped the SALT deduction at $10K.   Now, Democrats want to give the wealthy a massive SALT deduction. Their current proposal allows the wealthy to deduct up to $80K in state & local taxes. https://t.co/rAMtd59mCQ https://t.co/IuXhYSgEmP — PolitiTweet.org

Posted Nov. 12, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

The State & Local Tax (SALT) Deduction allows wealthy Americans living in high-tax states & municipalities to get a tax break by deducting their state & local taxes from their federal taxes.   This tax break is paid by all other taxpayers. — PolitiTweet.org

Posted Nov. 12, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Part of Democrats' reckless tax & spending spree includes a massive tax break for the wealthy living in blue states—a pay out to their liberal base. — PolitiTweet.org

Posted Nov. 12, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

The freedoms afforded to each and every American were not won without courage and sacrifice. Today, we give thanks to those who served and continue to serve our nation. The brave few who have stood for the many are forever deserving of our gratitude. #VeteransDay https://t.co/1vnBJiUaS1 — PolitiTweet.org

Posted Nov. 11, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

This is exactly what we were afraid of when the Fed decided to tolerate a higher rate of inflation. It’s now clear that the Fed is indeed behind the curve. I hope they will take this threat seriously and move quickly to begin normalizing rates. — PolitiTweet.org

BLS-Labor Statistics @BLS_gov

CPI for all items rises 0.9% in October as most indexes increase https://t.co/MdFNWoD78N #CPI #BLSdata

Posted Nov. 11, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Make no mistake: Democrats’ reckless multi-trillion dollar tax-and-spending spree will only make things worse. They would be well suited to take Joe Manchin's advice and put their spending plans on hold. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Today’s CPI release is yet another confirmation that inflation is only getting worse. With inflation now reaching a 31-year high and the rising cost of living far outpacing wage growth, Americans of modest means are feeling the impact the most. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

A tax on petroleum products will hit anybody who drives & buys anything from dish soap to shampoo—everyone. In 2023 alone, this is est. to cost Americans billions at the pump & grocery store. Americans making less than $400K will feel this the most—breaking Biden's pledge. https://t.co/l49la7QHSV — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

The kicker about this new gas tax is that instead of going to roads & bridges, it is used to fund Dems’ liberal wish list, which includes tax cuts for billionaires. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Democrats want to impose a new gas tax (Sec. 136701) through their resurrection of the decades old tax on petroleum that Congress did away with in the 90's. Meanwhile, gas is already at a 7 yr-high. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

This liberal wish list will cost trillions of dollars, but that's just the tip of the iceberg because the true costs are being hidden by—as my Democrat colleague, @Sen_JoeManchin called them—"shell games" & "budget gimmicks." This radical vision is not for America. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Democrats say they want the wealthy and large corporations to pay their “fair share.” Yet, in reality, they are trying to give massive tax breaks to those on their good side—such as the wealthy in blue states and large, “green” corporations. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

To make it worse, this massive, unnecessary expansion of middle class welfare will be partially paid for by disastrous tax increases, which will hurt families & make the U.S. a less competitive place to do business. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Democrats want to redefine the very role of the federal government in the lives of the middle class through their reckless tax & spending spree. They're attempting to use federal government to meet “needs” of anyone in the middle class – from cradle to grave. — PolitiTweet.org

Posted Nov. 10, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

The extra hour of sleep this weekend isn't worth the inconvenience of resetting your kids' schedules, creating business disruptions, and confusing the traveling public twice a year. — PolitiTweet.org

Posted Nov. 7, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Rather than "fall back" into the antiquated & silly practice of changing the clocks twice a year, we should make Daylight Savings Time permanent and stop changing our clocks for good. I joined a bill with my colleagues to put America on schedule by switching permanently to DST. — PolitiTweet.org

Posted Nov. 7, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Liberal activists and their corporate enablers should be careful what the wish for. It’s only a matter of time before conservative activists will start forcing businesses to take positions on significant social policy matters they care about, too. — PolitiTweet.org

Posted Nov. 4, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

This latest overreach by the SEC dispenses with the fiction that its ESG regulatory campaign has anything to do with financial performance and investor demands. https://t.co/RQygbAB4db — PolitiTweet.org

Posted Nov. 4, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

To all across Pennsylvania celebrating today’s festival of lights, wishing you a wonderful #Diwali! — PolitiTweet.org

Posted Nov. 4, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

With inflation at a 30-year high, it’s hard to understand why the Fed intends to keep nominal interest rates near zero and real interest rates negative. I hope they will take this inflation threat seriously and move quickly to begin normalizing rates. — PolitiTweet.org

Posted Nov. 3, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

As I warned this spring, the Fed’s overly accommodative monetary policy risked leaving it behind the curve if inflation persisted. And as any American family can tell you, inflation is real, and it’s worse than expected. — PolitiTweet.org

Posted Nov. 3, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Today’s decision by the Fed to begin tapering is welcome but long overdue. — PolitiTweet.org

Posted Nov. 3, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

It was great meeting with @CFTCbehnam today to discuss the importance of regulatory clarity for cryptocurrencies. Lawmakers and regulators alike must work to continue America’s longstanding tradition of fostering technological innovation—not stifling it. https://t.co/DVAcc7LvOI — PolitiTweet.org

Posted Nov. 3, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Such heartbreaking news. Kris and I extend our deepest condolences to @SenatorRounds, the entire Rounds family, and everyone who knew and loved Jean. — PolitiTweet.org

Senator Mike Rounds @SenatorRounds

The love of my life is with the Lord. No more treatments. No more pain. Just peace. South Dakota knew her as First… https://t.co/loCux668cp

Posted Nov. 2, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

While the Biden Admin’s agreement with the EU to lessen the Sect. 232 tariffs on steel & aluminum & suspend the EU’s retaliatory tariffs is a step in the right direction, tariff-rate quotas are not an acceptable long-term solution. https://t.co/3F81Z69WYp — PolitiTweet.org

Posted Nov. 1, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

It is hard to overstate how good natural gas has been for PA. This announcement is yet another positive outcome for both PA workers and energy consumers, as this multi-billion dollar investment will lead to thousands of jobs right in Luzerne County. https://t.co/frlPcfT2lp — PolitiTweet.org

Posted Nov. 1, 2021
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Pat Toomey (US Sen. ret.) @SenToomey

Good news for Senator Schumer and bad news for taxpayers. The $40 BILLION earmark – or “Schu-mark” – for New York City’s scandal-plagued housing authority is STILL in this bill. https://t.co/TWbwiUa0Bi — PolitiTweet.org

Posted Oct. 28, 2021