2012 Penn. Senate Debates: on Corporations


Tom Smith: Compliance with regulations is strangling business

Regulations are a stumbling block to job creation, he says. "I've talked to doctors' groups, I've talked to manufacturers, builders, farmers, bankers," he says. "It doesn't matter to whom I speak, they're all getting regulated to death."

Instead of reasonable regulations, Smith says, the Obama administration has "gone to excess, and they are just strangling business. We have to spend so much time just asking, 'Are we in compliance?' instead of producing and expanding."

Source: Philadelphia Inquirer on 2012 PA Senate debate Sep 23, 2012

Steve Welch: Current tax code punishes small businesses while GE pays 0%

The rest of the debate focused on job creation and the economy, specifically corporate tax rates. All of the candidates favored lowering the corporate tax rate to promote job creation.

Welch said that the current tax code punishes small businesses, and that there are too many loopholes for large corporations (he made a few references to GE paying 0 percent taxes throughout the debate).

Source: PoliticsPA.com coverage of 2012 PA Senate debate Jan 21, 2012

  • The above quotations are from 2012 Pennsylvania Senate Debate.
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Marc Scaringi on Corporations.
  • Click here for more quotes by Steve Welch on Corporations.
Candidates and political leaders on Corporations:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R) 		Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R) 		Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Dec 04, 2018