State of Georgia Archives: on Corporations

Valencia Stovall: Include micro-businesses in SBA grants

A: In priority order:

• Small business- change the classification for small business to include micro small businesses which many were left out of the SBA grants and loans.
• Education- every student should be on a personalized learning plan, more funding for charter schools and other choices for parents that are nontraditional. Provide more support for teacher professional development and connecting parents with educational and workforce opportunities.
• Increase food stamps allotment for senior adults in underserved areas and increase efficiency in work and education requirements for able body adults *Most importantly awareness and access is essential for services available for residents

Valencia Stovall: Lower corporate taxes; and COVD bailout for businesses

A: Yes.

Q: Do you support lowering corporate taxes as a means of promoting economic growth?

A: Yes.

Q: Do you support providing financial relief to businesses AND/OR corporations negatively impacted by the state of national emergency for COVID-19?

A: Yes. These businesses have paid taxes into our system and most importantly provide income for their workers. A lot of the small businesses were distressed and some have closed and will not reopen. This has had a negative impact on local communities across the US. The classification for small businesses should be modified to include micro small businesses. There should be an increase in research & development in new technologies that grow underserved communities.

Jon Ossoff: Reinstate Glass-Steagall; end speculative trading

Stacey Abrams: Invest in community businesses

Casey Cagle: Keep taxes on business that create jobs low

Since his election, Lt. Governor Cagle has worked ceaselessly to create this kind of environment in Georgia, helping to recruit several major employers to our state. Additionally, his dedication to helping small businesses grow continues to offer hope and options to the job creators of tomorrow in Georgia.

In addition to keeping taxes and regulation under control, we must also provide the basic infrastructure that employers need in order to come to Georgia. This includes a strong education system, good roads, and investing in deepening the Savannah harbor so that large cargo vessels can reach our factories and consumers.

Brian Kemp: Cut government regulations to help small business owners

"If we're growing jobs and better paying jobs in rural Georgia and helping the small business owners then people will have more money in their pockets to spend on tourism, we're going to have more products coming in and out of the ports," Sec. of State Kemp said. He says the only way those parts of the local economy can improve is by focusing on improving the economies of rural areas. He says one way to do that is by helping to improve and expand agricultural technologies throughout the region. "If we're doing that, that's going to be good for issues like water and our economy," Sec. of State Kemp said.

Brian Kemp: Invest Georgia Exemption: first business $1M in exempt IPO

In December 2011, Kemp launched the Invest Georgia Exemption (IGE) through his office's Securities Division. The IGE gives Georgia businesses the ability to raise up to $1 million from Georgia residents in a public offering.

This new form of "crowdfunding" provides greater investment opportunities for Georgia citizens and promotes the growth of Georgia's small businesses. It is the perfect conservative policy solution that empowers entrepreneurs to succeed rather than government picking "winners and losers" in the marketplace. 31 businesses have filed for the IGE since its inception.

Rick Allen: Free enterprise is the fairest system

Allen: Strongly Agree

Andrew Hunt: Eliminate employment penalty taxes

The Job Powerhouse program will be funded by cutting expenses and government, while receiving greater income from the expanding economy that it fosters. Expenses of having under-employed or unemployed are reduced; crimes and prisoners are fewer; and poverty and people needing financial aid are greatly reduced. With more jobs, the number of people paying taxes is increased. Without any increase in the tax rates Georgia will receive much more income in the form of sales tax due to increased commerce, and people and companies will have higher income, which will add to the tax income. By reducing state expenses and increasing its income, these employment tax structure changes can be implemented and maintain a balanced budget.

Amanda Swafford: FairTax avoids taxation of overseas corporate profit

Nunn wants to disallow corporate tax deductions for expenses incurred in closing plants to transfer production to other countries. Perdue is focused more on overall rate reductions. A Perdue spokesman stresses that the companies wouldn't have a reason to consider inversions [relocating abroad] if there were no tax in the first place. At the same time, he has joined other conservatives in support of the Fair Tax, a national sales tax to replace all income taxes, personal and corporate.

Libertarian nominee Amanda Swafford also sees the Fair Tax as a salvation. "The proper response isn't to ban inversions but to either enact the Fair Tax or move to a territorial system so companies can stay headquartered in America without facing a ridiculous tax surcharge on money made outside our country," she said.

David Perdue: Only about 10 Senators have any real business experience

PolitiFact [questioned whether] with 100 members in the Senate, could only one in 10 senators have a background in business? In the 113th Congress, 27 senators identified "business" as their occupation. But some senators list more than one occupation, and senators may not have been practicing their listed profession immediately before they entered Congress.

As for Perdue, he is using a number that campaign researchers gleaned by going through the biographies of all 100 senators, said Perdue's spokesman, [counting] senators who worked in the corporate world or had responsibility for a company's profit and loss margins. "Some of the members' primary occupations are debatable, which is why we use the language 'about 10.' " We rate his statement Mostly True

David Perdue: End tax breaks & deals that outsource our jobs

"As men and women clock in across the state, thousands of hands are building a stronger Oregon. But there are still special interests that want to give tax breaks to corporations that ship our jobs overseas," Merkley says.

"So I wrote a bill to make China play fair on trade, and I fought to end deals that outsource our jobs," he said.

The ad begins running in the Eugene market on Tuesday. The buy is "substantial," according to the campaign, which declined to further characterize the amount of money behind the ad.

Jim Martin: Work with Delta Air but also respond to middle class needs

Rand Knight: Invest in our communities, not in corporate subsidies