Search for...
OnTheIssuesLogo

Jack Conway on Corporations

 


Shut down offshore tax shelters; stop shipping jobs overseas

Jack has a plan to save $430 Billion over the next ten years, without raising taxes.

$130 Billion, by closing corporate tax loopholes on overseas interest and income and shutting down offshore tax shelters. The tax code has a loophole that lets companies deduct their foreign interest and income from their US taxes. This provision essentially encourages companies to invest in foreign companies and ship jobs overseas. Experts estimate shutting this loophole would save $100 billion over ten years. And it would be more effective if combined with an effort to shut down offshore tax shelters, which the Congressional Budget Office estimates could save an additional $30 billion.

Jack would close the corporate tax loopholes and shut down offshore tax shelters to so that big corporations pay their fair share and create jobs in Kentucky, not the Cayman Islands.

Source: Campaign website, www.jackconway.org, "On The Issues" Aug 31, 2010

Other candidates on Corporations: Jack Conway on other issues:
KY Gubernatorial:
Steve Beshear
KY Senatorial:
Dan Mongiardo
James Buckmaster
Jim Bunning
Mitch McConnell
Rand Paul
Trey Grayson

Newly appointed in 2009;
special election in 2010:

DE:Kaufman (D)
CO:Bennet (D)
IL:Burris (D)
MA:Brown (R)
NY:Gillibrand (D)

Announced retirement as of 2010:
CT:Dodd(D)
DE:Kaufman(D)
FL:Martinez (R)
FL:LeMieux(R)
IL:Burris(D)
IN:Bayh(D)
KS:Brownback(R)
KY:Bunning(R)
MO:Bond(R)
ND:Dorgan(D)
NH:Gregg(R)
OH:Voinovich(R)
PA:Specter(R)
UT:Bennett(R)
WV:Byrd(D)
WV:Goodwin(D)


Senate races in 2010:
AK:Miller(R) vs.McAdams(D) vs.Murkowski(I)
AL:Shelby(R) vs.Barnes(D)
AR:Lincoln(D) vs.Boozman(R)
AZ:McCain(R) vs.Glassman(D)
CA:Boxer(D) vs.Fiorina(R) vs.Lightfoot(L)
CO:Bennet(D) vs.Buck(R)
CT:Blumenthal(D) vs.McMahon(R)
DE:Coons(D) vs.O`Donnell(R)
FL:Rubio(R) vs.Crist(I) vs.Meek(D) vs.DeCastro(C) vs.Snitker(L)
GA:Isakson(R) vs.Thurmond(D)
HI:Inouye(D) vs.Cavasso(R)
IA:Grassley(R) vs.Conlin(D)
ID:Crapo(R) vs.Sullivan(D)
IL:Giannoulias(D) vs.Kirk(R)
IN:Ellsworth(D) vs.Coats(R)
KS:Johnston(D) vs.Moran(R) vs.Bellis(Rfm)
KY:Conway(D) vs.Paul(R)
LA:Vitter(R) vs.Melancon(D)
MD:Mikulski(D) vs.Wargotz(R)
MO:Carnahan(R) vs.Blunt(D)
NC:Burr(R) vs.Marshall(D)
ND:Potter(D) vs.Hoeven(R)
NH:Ayotte(R) vs.Hodes(D)
NV:Reid(D) vs.Angle(R)
NY6:Schumer(D) vs.Townsend(R)
NY2:Gillibrand(D) vs.DioGuardi(R)
OH:Fisher(R) vs.Portman(D) vs.Deaton(C)
OK:Coburn(R) vs.Myles(D)
OR:Wyden(D) vs.Huffman(R)
PA:Toomey(R) vs.Sestak(D)
SC:DeMint(R) vs.Greene(D)
SD:Thune(R) unopposed
UT:Lee(R) vs.Granato(D)
VT:Leahy(D) vs.Britton(R) vs.Freilich(I)
WA:Murray(D) vs.Rossi(R)
WI:Feingold(D) vs.Johnson(D)
WV:Manchin(D) vs.Raese(R)
Abortion
Budget/Economy
Civil Rights
Corporations
Crime
Drugs
Education
Energy/Oil
Environment
Families
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Immigration
Jobs
Principles
Social Security
Tax Reform
Technology
War/Peace
Welfare

Other Senators
Senate Votes (analysis)
Bill Sponsorships
Affiliations
Policy Reports
Group Ratings

Page last updated: Oct 28, 2010