State of Georgia Archives: on Corporations
Amanda Swafford:
FairTax avoids taxation of overseas corporate profit
When it comes to taxing profits US corporations earn overseas, Nunn and Perdue disagree; [but while] both candidates call for tax reform, it means different things to each of them.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.
Source: Morris News Service on 2014 Georgia Senate race
Aug 8, 2014
Andrew Hunt:
Eliminate employment penalty taxes
Eliminating employment penalty taxes equally helps all employers--small, medium or large--in every location of Georgia. It also helps employees by making a tighter market place for employees, thus opening new career options--which can also be enhancement
in compensation.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.
Source: 2014 Georgia gubernatorial campaign website, AndrewHunt.us
Aug 31, 2014
Brian Kemp:
Invest Georgia Exemption: first business $1M in exempt IPO
As a small business owner himself, Brian Kemp is very sensitive to how government red tape can hinder the growth and prosperity of Georgia's businesses. That's why, as our Secretary of State, Brian Kemp has aggressively implemented fiscally conservative
business principles and new technologies to help remove the government red tape and regulations that block economic recovery and job growth.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.
Source: 2018 Georgia Governor campaign website KempMeansBusiness.com
Mar 15, 2017
Brian Kemp:
Cut government regulations to help small business owners
Secretary of State Kemp says that his mission if elected Governor is to make Georgia the number one state for small business in the country. "My mission has been to cut government regulations, streamline government, make government more efficient and
really help small business owners," said Sec. of State Kemp. "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.
Source: WJCL News on 2018 Georgia gubernatorial race
Apr 28, 2017
Casey Cagle:
Keep taxes on business that create jobs low
Government cannot create jobs, but it can help create the kind of environment that jobs need to flourish. First and foremost, this means keeping taxes on business that create jobs low and ensuring that we do not overburden our business environment with
counterproductive regulations that have been such a problem in other, more liberal states.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.
Source: 2018 Georgia gubernatorial campaign website CaseyCagle.com
May 2, 2017
David Perdue:
Only about 10 Senators have any real business experience
Perdue has stressed his leadership at well-known corporations, including Sara Lee, Reebok and Dollar General. "There are only about 10 people in the Senate who have any real business experience," Perdue said during a recent campaign swing.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
Source: PolitiFact AdWatch on 2014 Georgia Senate debate
Aug 4, 2014
David Perdue:
End tax breaks & deals that outsource our jobs
Merkley is going up with a new ad focusing on his efforts to prevent companies from outsourcing jobs. Merkley speaks directly to the camera, describing his father working at a mill when he was growing up:
"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.
Source: PolitiFact AdWatch on 2014 Georgia Senate debate
Aug 4, 2014
Jim Martin:
Work with Delta Air but also respond to middle class needs
I believe it's important for a Senator from Georgia to work closely with Delta and other corporations to make sure the federal government is responsive to their needs but middle class America is also struggling.
We need to do something about the cost of gasoline and the lost home equity that's occurring because of the foreclosure crisis. So sure the government needs to do something about Delta but also protect the needs of middle class Americans.
Source: Georgia 2008 Democratic Senate Primary Debate
Jun 30, 2008
Jon Ossoff:
Reinstate Glass-Steagall; end speculative trading
The health of the banking system is vital, but public funds and loans shouldn't subsidize speculative short-term trading on Wall Street. That's why I'll vote to reinstate the Glass-Steagall Act, so Federal economic policy serves the
long-term prosperity, stability, and financial security of families and productive enterprises, not short-term gains for investment banks, hedge funds, and private equity firms.
Source: 2020 Georgia Senate campaign website ElectJon.com
Jul 2, 2020
Rand Knight:
Invest in our communities, not in corporate subsidies
If we are willing to put our own people at risk while we give tax breaks and subsidies to the wealthiest corporations in the world, while we spend billions a day in the Middle East, then something is wrong. We've got to invest in our own communities.
We need a revenue base to take care of our police and fire fighters. We can't just invest in the wealthiest one percent in the country without taking a look at the people on the ground and their safety.
Source: Georgia 2008 Democratic Senate Primary Debate
Jun 30, 2008
Rick Allen:
Free enterprise is the fairest system
Q: Free enterprise and the right to private property turn mankind's natural self interest into the fairest and most productive economic system there is, and are the key to national prosperity?
Allen: Strongly Agree
Source: Faith2Action iVoterGuide on 2014 Georgia Senate race
Sep 30, 2014
Stacey Abrams:
Invest in community businesses
Small businesses employ more Georgians, and they can be started anywhere. As Governor, she will direct more economic development dollars to hometown businesses.
Funds will be targeted to reach low-income communities and rural counties, and we will help Georgia businesses expand by offering access to capital.
Source: 2018 Georgia Governor website StaceyAbrams.com
Aug 17, 2017
Valencia Stovall:
Lower corporate taxes; and COVD bailout for businesses
Q: Do you support federal spending as a means of promoting economic growth?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.
Source: 2019-20 Georgia 2-year Senate PVS Political Courage Test
Oct 10, 2020
Valencia Stovall:
Include micro-businesses in SBA grants
Q: What three areas of legislation do you propose to sponsor if elected?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.
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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
Source: AFA iVoterGuide on 2019-2020 Georgia 2-year Senate
Nov 3, 2020
Page last updated: Feb 18, 2023