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Pat Toomey on Corporations
Republican Jr Senator; previously Representative (PA-15)
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Cut tax on capital gains and cut corporate tax rate
Pat supports lower marginal income tax rates for all Americans, cutting the tax on capital gains investment, and cutting income taxes on American businesses--which suffer from the second highest corporate tax rate in the world. As a congressman,
Pat never voted for a tax increase and fought for lower taxes for all Americans. In the Senate, he will fight for the lower taxes that are integral to our economic freedom and the economic prosperity this country deserves.
Source: 2010 Senate campaign website, toomeyforsenate.com, "Issues"
, Dec 25, 2009
Voted YES on replacing illegal export tax breaks with $140B in new breaks.
Vote to pass a bill that would repeal an export tax break for U.S. manufacturers ruled an illegal trade subsidy by the World Trade Organization, while providing for about $140 billion in new corporate tax cuts. Revenue raising offsets would decrease the cost of the bill to $34.4 billion over 11 years. It would consist of a buyout for tobacco farmers that could not go over $9.6 billion. It also would allow the IRS to hire private collection agencies to get back money from taxpayers, and require individuals who claim a tax deduction for a charitable donation of a vehicle to obtain an independent appraisal of the car.
Reference: American Jobs Creation Act;
Bill HR 4520
; vote number 2004-259
on Jun 17, 2004
Rated 90% by the US COC, indicating a pro-business voting record.
Toomey scores 90% by US Chamber of Commerce on business policy
Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.
Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.
Mission Statement:
"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."
The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: COC website 03n-COC on Dec 31, 2003
Page last updated: Apr 23, 2013
