State of Utah Archives: on Corporations
Jeff Burningham:
His VC firm funds start-up businesses with great ideas
For almost two decades now, Jeff Burningham has been on a streak, hitting home runs with whatever endeavor he puts his mind to. He started a successful tech startup while still a BYU undergrad and, at 25, sold it to a NASDAQ-listed company (long before
it was cool). He then parlayed his earnings from that deal into real estate when the market was booming in the early oughts.He was among a very few people who foresaw growth in that market as unsustainable and liquidated his holdings before the
bubble burst and the Great Recession began. Then, he recruited partners and rebuilt a real estate portfolio, buying distressed properties as the market bottomed out, leading to his current holdings, now valued at $2 billion.
And when you have
$2 billion in assets, you can start doing the things you really enjoy. For Burningham, that was launching a venture capital firm dedicated to finding interesting people with great ideas and helping them get their businesses off the ground.
Source: Deseret News on 2020 Utah Gubernatorial race
May 14, 2017
Jenny Wilson:
Tax cut: Xmas present to corporations; lump of coal for poor
The Democrat seeking to unseat Utah's seven-term Sen. Orrin Hatch says the massive tax reform bill the Republican pushed through Congress this week is a gift for only the wealthiest on Santa's Christmas list and a lump of coal for the state's poor and
working families. "I'm sorry to report the Grinch has arrived and the Grinch is Orrin Hatch," Jenny Wilson saidHatch and his buddies, Wilson said, appear to have done nothing more than work to benefit the special interest groups who fill up their
campaign coffers. "Those corporate interests received the biggest presents," she said. standing in front of a row of red Christmas stockings labeled to represent those affected by the tax bill:
Children, families, health care, workers and more. The largest stocking was labeled "corporations" and was filled with packages wrapped in shiny holiday paper.
Source: Salt Lake Tribune on 2018 Utah Senate race
Dec 21, 2017
John Curtis:
Entrepreneurs need lower taxes, fewer regulations
Entrepreneurs create more jobs when they are operating in a business-friendly environment. Our current corporate tax rate is too high and we are losing businesses to other countries with lower rates.
Nothing will provide more economic relief and opportunity for people of all backgrounds than tax relief and regulatory reform for both individuals and businesses.
Source: 2017 Utah House campaign website JohnCurtis.org
Aug 17, 2017
Jonathan Swinton:
Make loans as easy for small business as for large ones
Some compelling facts about small businesses in the United States:- 55% of Americans work for small businesses
- 50% of small businesses don't survive more than 5 years. Tax laws make it difficult for many small businesses to survive. While tax
breaks and bail-outs have kept many large businesses afloat, small businesses rarely ever receive such help as they work to establish themselves. We can do better.
- 80% of small businesses are turned down for small business loans from banks.
- Provide tax incentives and reduce required social security taxes to small businesses until they stabilize.
- Improve upon the Dodd-Frank legislation so that small businesses with sound plans can
more easily get the loans they need to be successful. As one who has worked through the bank loan process, it is clear that there are too many roadblocks that likely prevent many small businesses from succeeding.
Source: 2016 Utah Senate campaign website, VoteSwinton.com
Oct 9, 2015
Mia Love:
Lower America's corporate tax rate
I propose a simpler tax code, lower tax rates, and eliminating tax loopholes that pick winners and losers. Americans should be rewarded for their hard work, particularly during these tough economic times.
Higher taxes slow economic growth, discourage personal savings, and make us less competitive in the global market.
I favor lowering taxes for the purposes of encouraging greater innovation, business productivity, job creation, and international competitiveness.- Work to reduce payroll tax rates to pre-2013 levels
-
Lower America's corporate tax rate, which is currently the highest in the world, so that we can encourage companies to keep jobs in America
- Oppose increases in capital gains and dividend taxes
Source: 2014 Utah House campaign website, Love4Utah.com
Aug 8, 2014
Page last updated: Feb 07, 2026