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John Neely Kennedy on Corporations

Democratic Senate Challenger (LA)

 


Disallow bank getting so big that its failure wrecks economy

Both candidates offered differing views of how to ease the national economic crisis. Kennedy said federal officials should suspend accounting rules that financial industry representatives blame for exacerbating the problems. He said Congress should put limits on the nation’s banks and lending firms. “Never again can we allow a financial institution to get so big that its failure can wreck our economy,” he said.
Source: 2008 Louisiana Senate Debate by Associated Press on NOLA.com , Oct 16, 2008

25% tax credit for companies hiring new workers

If I’m your next United States Senator, I’ll give businesses-all businesses, small and large- 25% of the federal income taxes paid each year by new hires. This federal income tax rebate would apply to net new jobs only. To qualify, a business would not have to be in an enterprise zone. It would not have be in a “cluster.” It would not have to fill out hundreds of pages of government forms. All the business would have to do would be to create a new job. Similar programs have worked at the state level. This labor-based subsidy will not cost the federal treasury a penny, because it would only apply to new jobs that would not otherwise be created, and specific safeguards can be added to the legislation to ensure that that is so.
Source: 2004 Senate campaign website, www.johnkennedy.com, “Issues” , Oct 20, 2004

Other candidates on Corporations: John Neely Kennedy on other issues:
LA Gubernatorial:
Bobby Jindal
LA Senatorial:
Bill Cassidy
David Vitter
Mary Landrieu
Rob Maness

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Page last updated: Jan 19, 2016