Democratic Presidential Challenger; former HUD Secretary
Fight back against monopolistic practices
We're on the right track in updating how we look at monopolistic practices, setting rules for the road that match the challenges that we face. Whether that's Amazon that is leveraging its size to help put small businesses out of business, then at the
same time shortchanging a lot of its workers, not paying them [or] giving them the benefits that they should. Or it's a number of other companies. We need to take a stronger stance when it comes to cracking down on monopolistic trade pract
Source: October Democratic CNN/NYTimes Primary debate
, Oct 15, 2019
Supported tax breaks to lure corporations
Castro's approach to job growth often involved corporate giveaways. A month after insurance company AllState announced it was opening up a bilingual customer information center in San Antonio, receiving $1.1 million from the state government,
Castro backed and voted for an incentives package that gave the company a six-year, 65 percent tax abatement, a $30,000 grant for permitting and development fees, and nominated it to be able to receive a $1.25 million refund in sales and uses taxes.
Source: Jacobin Magazine on 2020 Democratic primary contenders
, Feb 15, 2019
Top earners & corporations must pay fair share
I think it's going to take asking wealthier individuals to pay their fair share. We've had basically the last forty years essentially of lower and lower commitment on people at the very top. Same thing goes for corporations. We have multinational
corporations that are hardly paying anything in federal taxes. We need to ask them to pay their fair share. I think that we can consider different ways, different proposals, to be able to raise more revenue from, you know, the wealthiest corporations.
Source: CBS Face the Nation 2019 interviews: 2020 Democratic primary
, Jan 13, 2019
