State of Delaware Archives: on Corporations

Julianne Murray: Small businesses must have rights & less restrictions

Jessica Scarane: Increase corporate taxes; raise capital gains taxes

CORE POLICIES: Make Wall Street Pay Their Fair Share
• Increase corporate taxes
• Raise capital gains and dividend taxes
• Strengthen Dodd-Frank; reinstate Glass-Steagall
• Implement a Wall Street speculation tax
• Support public and community banks

Rob Arlett: Remove job-killing regulations to boost the economy

Charles Schumer: The Schumer box: full disclosure on credit card agreements

Liberal Democrats wanted more than just disclosure. One amendment would have limited the allowable interest rate on all U.S. credit cards to 15 percent. A 1978 Supreme Court ruling had rendered state-level interest rate caps useless, allowing lenders to charge 40% or more in some states.

With a healthy 257-177 advantage, House Democrats had the numbers to force the federal cap through. But Schumer and his colleagues on the House Banking Committee wanted no part of significantly depressing credit card profits, having struck down this amendment almost unanimously in committee.

Tom Carper: 22-year history of pro-business support of banking lobby

Against an alliance of Banking Committee Democrats and pro-business Republicans, the amendment failed. It took two decades for a federal interest rate cap to be debated again, as part of credit card reform legislation called the CARD Act. This time, Sen. Bernie Sanders would fail to overcome the power of the banking lobby. Among the 60 senators voting no was the senior member from Delaware: Tom Carper. It was still, 22 years later, premature.

For nearly 40 years, banks have found a reliable ally in Carper. Carper has taken the side of the industry in virtually every policy debate over that period.

Gene Truono: Decrease regulatory burden on small businesses

Chuck Boyce: Small businesses are the job creators in America

As things he would like to help fix in Washington, he pointed to failures in the Veterans' Administration that his family dealt with, as well as what he sees as failures in the education system that he has experienced as a parent.

"We need to make sure that our kids are being prepared for the jobs that are actually going to be available tomorrow," he said. He also said he wants to see more emphasis on alternatives to college. "We need to stop demonizing secondary-education options," he said.

"Small businesses are the job creators in America," Boyce said, adding that he wants to repeal regulations that he feels are burdensome to entrepreneurs and small businesses.

Jack Markell: Reduce regulatory burdens on business

Jack Markell: Ease restrictions on crowdfunding

Alex Pires: Corruption comes from taking money from the corporate world

Alex Pires: Less money on corporate subsidies; more on children

Tom Carper: Roadmap for deficit reduction should raise corporate taxes

Carper said a comprehensive deficit reduction plan would demonstrate fiscal responsibility. The government does not create jobs, Carper said; it creates a nurturing environment where businesses can thrive.

Kevin Wade: Small business owner: Philadelphia Control System since 1982

Jack Markell: Expand manufacturing; reform permitting; help small business

We will stay focused on the particula issues facing our small businesses. That means continuing our efforts to make permitting more efficient and predictable. It also means recognizing that one of the most important assets of any small business is its workforce. Too often, small business owners have trouble negotiating and paying for healthcare coverage for their workforce, or attracting the best workers when they don't. We will implement the new federal health care act in a way that most helps our small businesses.

Chris Coons: Citizens United was ill-decided & distorts political process

COONS: The Citizens United decision was an unfortunate and ill-decided decision. One that opens the flood gates to increased corporate contributions that could have, as an unintended consequence of the decision, significantly distorting out electoral process. I would support reforms that further disclose who is behind these shadowy groups? Whether individuals, or corporations, that are trying to influence our elections by pouring money into it. Sunshine is the best disinfectant. And in politics it is best for us to disclose as fully and as broadly as possible who is making contributions.

O'DONNELL: And yet the legislative efforts to do exactly that has failed to do that. The Disclose Act, put out there to do just that, has exempted the major corporations from disclosing it. Instead, what these efforts do is only serve to infringe on the First Amendment right of private citizens.

Christine O`Donnell: Economic recovery comes when government gets out of the way

COONS: I'm not sure I understand what Ms. O'Donnell means by "culture of dependency" and that her primary objective would be to end the endless regulation and red tape. She denounces the Obama administration, says it's done nothing to promote job growth when frankly, just a few weeks ago, a new bill that would provide expanded SBA loan capacity, $30 billion worth of new lending capability, TARP funds that have been repaid, and are being repurchased towards small and midsized banks all over the United States. Real and concrete steps are being taken.

Christine O`Donnell: Citizens United overturns limits on First Amendment

COONS: The Citizens United decision was an unfortunate and ill-decided decision. One that opens the flood gates to increased corporate contributions that could have, as an unintended consequence of the decision, significantly distorting out electoral process. I would support reforms that further disclose who is behind these shadowy groups? Whether individuals, or corporations, that are trying to influence our elections by pouring money into it. Sunshine is the best disinfectant. And in politics it is best for us to disclose as fully and as broadly as possible who is making contributions.

O'DONNELL: And yet the legislative efforts to do exactly that has failed to do that. The Disclose Act, put out there to do just that, has exempted the major corporations from disclosing it. Instead, what these efforts do is only serve to infringe on the First Amendment right of private citizens.