2016 Vice Presidential prospects: on Corporations


Tim Kaine: Protect banking industry's ability to serve consumers

Kaine was one of 70 senators who signed a one-page letter asking Consumer Financial Protection Bureau Director Richard Cordray to try to "prevent any unintended consequences that negatively impact community banks and credit unions or unnecessarily limit
Source: Politico.com, "Banking Letter," on 2016 Veepstakes Jul 21, 2016

Mike Pence: Pushed manufacturing tax cuts & corporate tax cut

Pence signed tax cuts for corporations and high-income individuals that already failed in other Red States. In March 2014, Pence followed the lead of other Republican governors around the country by passing a package of supply-side corporate and income tax cuts that he claimed would increase business activity and economic growth in the state. Similar trickle-down economic models "collapsed" after being implemented by Govs. Sam Brownback (R-KS) and Bobby Jindal (R-LA) and failed to produce discernible results for Gov. John Kasich in neighboring Ohio. As was the case in Ohio and elsewhere, Pence's tax cuts effectively redistributed the state's tax burden onto local governments that were stripped of nearly $1 billion in annual revenue. An additional manufacturing tax cut pushed by the governor in 2015 was projected to cost the state between $35 million and $240 million annually. [Sources: The Associated Press, 3/25/14; The Indianapolis Star, 3/25/14, 2/3/15]
Source: Media Matters on 2016 Veepstakes: "What Media Should Know" Jul 14, 2016

Tim Kaine: Fix the tax code to help businesses without lobbying clout

The tax code--both corporate and individual--needs to be simpler. The current complexities suggest that the code isn't driven by policy, but instead by the power of special interest lobbying muscle. Since many people--certainly the poor and working families--can't match the lobbying clout of special interests, the complexities in the individual tax code generally work to benefit others to their disadvantage. Since many businesses also don't have full-time lobbyists, the complexities in the corporate and individual tax codes generally work to benefit others to their disadvantage. Some small businesses (including the vast majority of farms) are doubly affected
Source: Kaine's Senate office website, during 2016 Veepstakes Jul 31, 2013

Mike Pence: Corporate tax cuts create jobs & grow economy

In 2014, Pence signed a bill reducing the corporate income tax to 4.9 percent from 6.5 percent by 2021, making it the second-lowest in the country. And he's proposed even further cuts to business taxes, pressing lawmakers to phase out the business personal property tax entirely. "With this bill, we give counties the opportunity to incentivize additional investment in new technology and heavy equipment. We make it easier for companies to expand and create jobs here in Indiana."
Source: WFAA.com 2016 Veepstakes on Indiana Voting Records, bill SB1 Feb 4, 2005

  • The above quotations are from Vice Presidential possibilities for 2016.
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Julian Castro on Corporations.
  • Click here for more quotes by Thomas Perez on Corporations.
2020 Presidential contenders on Corporations:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN) 		Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Nov 30, 2021