State of Utah Archives: on Corporations

Jenny Wilson: Tax cut: Xmas present to corporations; lump of coal for poor

Hatch 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.

John Curtis: Entrepreneurs need lower taxes, fewer regulations

Jeff Burningham: His VC firm funds start-up businesses with great ideas

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.

Jonathan Swinton: Make loans as easy for small business as for large ones

• 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.

Mia Love: Lower America's corporate tax rate

• 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