PBS News Hour: on Corporations

Tom Steyer: Take the corporate control out of politics

Marianne Williamson: Repeal corporate tax cuts

Williamson has put forward a four-step plan to reduce income inequality. It includes providing cash relief through a universal basic income; creating jobs through Green New Deal legislation; boosting government funding for early education and caregiving; and introducing a universal savings program. Williamson has proposed paying for the plan by rolling back tax cuts to the wealthy and big businesses.

John Delaney: Raise corporate taxes to pay for infrastructure

• Infrastructure: Repatriate tax revenue to fund bipartisan infrastructure package.
• At the top of Delaney's list of priorities, both as a congressman and presidential candidate, is investment in infrastructure.
• A year ago, he wrote a letter urging Trump to raise the corporate tax rate from 21 percent to 23 percent in order to fund a $200 billion infrastructure package. In Congress, he strongly opposed the tax reform bill passed by Republicans in 2017 (which lowered the corporate tax rate from 35 percent to 21 percent).
• The tax bill included measures incentivizing companies to bring overseas earnings back to the United States; Delaney argued that the revenue should have been put towards infrastructure spending.
• Each House session he was in Congress, Delaney introduced the Partnership to Build America Act to fund a $750 billion infrastructure package.

Kamala Harris: New fees on banks and financial institutions

• Tax Cuts: Reverse some measures in the Tax Cuts and Jobs Act. Instead, create new direct tax breaks for middle and lower classes.
• Harris has proposed the LIFT the Middle Class Act, which would give a $3,000 refundable tax credit [to the middle class].
• She would pay for the multitrillion-dollar plan by eliminating some of the tax cuts put in place by the Republican-sponsored Tax Cuts and Jobs Act and by creating a new tax or fee on some banks and financial institutions.