State of Oklahoma Archives: on Corporations


James Lankford: Our corporate tax rates are some of the highest in the world

Our nation's corporate tax rates are some of the highest in the world. We charge our country's wealth builders and employers significant tax penalties, more than any other nation on earth, to bring their profits back to the U.S. from overseas. The unfortunate result of these liberal policies is that over $1 trillion dollars in profits is now locked out of the U.S. market and American businesses are left open to takeovers by foreign firms. This is anti-American.

In 2017, James worked to pass the Tax Cuts and Jobs Act. The comprehensive tax reform was a win for the middle class by lowering all middle income tax brackets and doubling the standard deduction. Small businesses received needed relief with a lowered tax rate and maintenance of certain exemptions. America did not become great by redistribution of wealth, America became great because there was an equal opportunity for any person to work hard and be a success.

Source: 2021 Oklahoma Senate campaign website JamesLankford.com Jun 21, 2021

Drew Edmondson: Close tax loopholes as one means to a fair budget

The budget should be written for Oklahomans, not lobbyists. Our budget process is broken and our priorities have been lost. Legislators are neglecting middle-class families while rewarding special interests. To invest in our people, we'll close corporate tax loopholes in the state and expand tax deductions for middle-class Oklahomans and small businesses.
Source: 2018 gubernatorial campaign website DrewForOklahoma.com Jun 23, 2018

Gary Richardson: End special tax breaks encouraged by lobbyists

We must create an environment that encourages all businesses to thrive in our state, not just those that can afford six-figure lobbyists to give them "special tax breaks." We need to look at restructuring the tax system that is more business friendly while ensuring everyone pays their fair share. Only then can our entire state see long-term economic growth.
Source: 2018 Oklahoma governor campaign website GaryRichardson.org May 2, 2017

Mike Workman: Don't reduce corporate tax; do prosecute Wall Street crimes

Q: Should Wall Street executives be criminally charged for their roles in the 2008 subprime mortgage crisis?

Mike Workman: Yes

Q: Should the U.S. reduce corporate income tax rates?

Mike Workman: No

Source: iSideWith.com voter guide on 2016 Oklahoma Senate race Aug 31, 2016

Mick Cornett: Accepts donations from corporations doing city business

Several corporations that routinely appear before the City Council provided large-scale donations for a documentary directed and produced by Mick Cornett and his production company. Councilman Shadid, a longtime advocate of transparency, was critical of Cornett's business transactions with the firms that appear before the council or receive city funds. "This is a production company owned by the mayor. Then, you have these corporate entities doing business in front of the city council," he said.
Source: RedDirtReport.com on 2018 Oklahoma gubernatorial race Apr 10, 2015

Brad Henry: Elected director of a consumer financial recovery company

Former Oklahoma governor Brad Henry has become a shareholder and was elected director of CFS2, a provider of consumer financial recovery services. As director, Henry will be in the strategic planning and capital planning process.

"CFS2 is a remarkable opportunity to create an entirely new blend of consumer service and social impact," said Henry. "By focusing on non-traditional ways to help consumers overcome financial difficulties, CFS2 has the potential to impact millions of lives and build important long-term relationships with a consumer group that is not well understood by marketers."

Bill Bartmann, founder and CEO, launched CFS2 in July 2010 with a core staff of people once employed by CFS, his former company. CFS2 is in the same type of debt-resolution business as its predecessor, which achieved enormous success in the 1990s before it filed bankruptcy in 1998 and ceased operations in 1999.

Source: Tulsa World on 2014 Oklahoma Senate race Feb 9, 2014

Brad Henry: Elected director of a consumer financial recovery company

Former Oklahoma governor Brad Henry has become a shareholder and was elected director of CFS2, a provider of consumer financial recovery services. As director, Henry will be in the strategic planning and capital planning process.

"CFS2 is a remarkable opportunity to create an entirely new blend of consumer service and social impact," said Henry. "By focusing on non-traditional ways to help consumers overcome financial difficulties, CFS2 has the potential to impact millions of lives and build important long-term relationships with a consumer group that is not well understood by marketers."

Bill Bartmann, founder and CEO, launched CFS2 in July 2010 with a core staff of people once employed by CFS, his former company. CFS2 is in the same type of debt-resolution business as its predecessor, which achieved enormous success in the 1990s before it filed bankruptcy in 1998 and ceased operations in 1999.

Source: Tulsa World on 2014 Oklahoma Senate race Feb 9, 2014

T.W. Shannon: Worker's compensation reform saved businesses $100M/year

During my time in office, I have been able to help cut taxes by hundreds of millions of dollars, eliminate many millions in waste and duplication, and fundamentally reform our worker's compensation system, saving Oklahoma businesses over one hundred million dollars a year in premium costs.
Source: Fundraising press release on 2014 Oklahoma Senate race Jan 29, 2014

Matt Silverstein: Cut corporate taxes and corporate loopholes

Matt will support a tax system that makes sense for businesses and individuals alike. Our corporate taxes are among the highest in the world and that makes our businesses less competitive around the world. However, corporate tax loopholes reduce taxes for the biggest corporations while the entrepreneurs and small businesses that are creating new jobs are saddled with paying close to the full rate. Matt is determined to work towards a tax system that works for small businesses not Wall Street. Matt supports eliminating all special interest corporate tax loopholes and reducing the overall rate to 20 percent or less.
Source: 2014 Senate campaign website, MattForOklahoma.com, "Issues" Nov 11, 2013

  • The above quotations are from State of Oklahoma Politicians: Archives.
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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: Oct 13, 2021