State of Virginia Archives: on Corporations
Don Beyer:
Close corporate tax loopholes
I strongly support closing corporate tax loopholes. I will fight to eliminate the oil depletion allowance;
no country subsidizes fossil fuels the way the United States does and our subsidies are a peril to the planet.
Source: 2014 Virginia House campaign website, FriendsOfDonBeyer.com
Oct 10, 2014
Ed Gillespie:
Lobbied to restrict class action lawsuits on corporate fraud
The U.S. Chamber of Commerce paid Gillespie's lobbying firm, Quinn-Gillespie, $860,000 to lobby for the so-called Class Action Fairness Act, which would make it easier for companies to
prevail in class action lawsuits accusing them of defrauding customers. All told, the firm has collected at least $1.12 million to lobby for this anti-consumer bill
Source: Public Citizen Congress Watch on 2014 Virginia Senate race
Jun 1, 2003
George Allen:
Focus on small business and job creation
According to Radtke, auring his Senate term, Allen "voted for every single spending bill, added $3 trillion to the national debt, and he voted for his own salary increase when we were deficit spending. He took money from Fannie and Freddie
Mac and refused to support reform, and we're still reeling from that, even today. And he voted for the largest expansion of entitlements since Lyndon Johnson's Great Society." Allen stuck to what he called his "positive agenda,"
focusing on small business and job creation. He said he'd support "policies that actually make it easier to invest and create jobs, including simple, fair and competitive tax laws, reasonable regulations, affordable, plentiful
American energy, and empowering education opportunities that will send a message to the world that America is open for business again."
Source: Washington Post on 2012 Virginia Senate debate
May 12, 2012
George Allen:
Encourage corporations to repatriate their foreign earnings
Both Allen and Kaine said they support tax reform that would encourage corporations to repatriate their foreign earnings.
And they said they want to make it easier for foreign students to get visas and green cards after they graduate from American universities.
Source: Washington Post coverage of 2012 Virginia Senate Debates
Jun 28, 2012
Robert Sarvis:
End ALL government subsidies of specific industries
We need to root out crony capitalism and return to the Rule of Law. I propose:- Focusing economic regulation and law enforcement on the protection of rights and preservation of an equal playing field for all
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Eliminating ALL regulations that insulate market incumbents from competition
- Ending ALL government subsidies of specific industries or companies
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Removing ALL special tax and regulatory treatment of particular industries or companies
- Keeping government neutral with regard to technological solutions, investment decisions, business inputs and business methods, etc.
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Getting rid of discretionary funds and returning the money to taxpayers.
Source: Virginia Governor 2013 campaign website, robertsarvis.com
Sep 21, 2013
Terry McAuliffe:
Made 267 economic development deals, with $5.58B in capital
We built on our Commonwealth's world-class business environment helping more Virginia businesses expand, and bringing new companies here to grow and create jobs. Those efforts are paying off. In the year that we have been working together,
I am proud to announce that Virginia has closed 267 economic development deals, resulting in $5.58 billion in capital investment--more than TWICE what any administration has done in its first year.
I was proud to help close the first economic development deal in Appomattox in 12 years, and their largest in 44 years, a
Chinese company that will take over a closed plant and manufacture pollution control devices that they will then ship back to China, creating 349 Virginia jobs in the process.
Source: State of the State address to 2015 Virginia Legislature
Jan 14, 2015
Jennifer Carroll Foy:
Require banks to direct more funds to small businesses
We must look at ways we can use the levers of state government to ensure the capital needs of small businesses are met. Banks and financial entities wanting to do business in Virginia should be required to devote a certain proportion of
their resources to angel investments, increase the percentage of funds invested by state pension programs that are going to angel investments, and direct more of those funds to small businesses in Virginia.
[Definition of "angel investments" from Investopedia, downloaded Feb. 2021]: An angel investor (also known as a private investor, seed investor or angel funder)
is a high-net-worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.]
Source: 2021 Virginia governor campaign site JenniferCarrollFoy.com
Feb 21, 2021
Pete Snyder:
Wall Street, big government rig system to protect profits
Snyder released a statement slamming Wall Street and the popular investing app Robinhood for attempting to rig stock trading. Snyder said, "Ordinary Americans outsmarted the suits and now these Wall Street elites are trying to rig the
system to protect their profits. They cannot be allowed to use big government regulations and cronyism to get an unfair advantage, or shutdown competition."
Source: 2021 Virginia Governor campaign website PeteSnyder.com
Mar 22, 2021
Daniel Gade:
Stop insider trading by requiring blind trusts for Congress
Q: In priority order, what three areas of legislation do you propose to author or sponsor if elected?A: SIT Act (Stop Insider Trading). Require all members of Congress to place their holdings in a blind trust upon election.
Repeal and replace the Patriot Act with one whose FISA powers are severely restricted. Repeal and replace the War Powers Act and put Congress back in its rightful place under Article 1, Section 8 of the Constitution.
Source: AFA iVoterGuide on 2020 Virginia Senate race
Nov 3, 2020
Daniel Gade:
Markets free of government interference are growth engines
Q: Tighten or loosen regulation of banks and credit card companies?Daniel Gade: Loosen. "Markets that are free of government interference are engines of economic growth and prosperity for all."
Mark Warner: Mixed. Voted for Dodd-Frank Wall Street reform. Later introduced bill to loosen regulation on small banks and credit unions.
Source: CampusElect survey of 2020 Virginia Senate race
Sep 30, 2020
Nick Freitas:
Lower corporate taxes will trickle down to workers
"What it does, fundamentally, is put money back into the hands of people who have earned it, instead of the hands of politicians," Freitas said. "As you lower the corporate taxes, I think the end result is a lot more money ends up in the hands
of the individuals and employees. Even if the corporation takes that money and invests it into the business, that creates more jobs and money for people who weren't previously employed to fill those positions."
Source: InsideNova.com on 2018 Virginia Senate race
Mar 2, 2018
Nick Freitas:
Will fight for tax reform that limits red tape on business
His third issue of focus will be regulatory and tax reform. Legislation will be introduced requiring the legislature to review regulations before they go into effect, not after.
Del. Freitas will seek to reform tax and reporting requirements, so business owners no longer have to fight a maze of red tape and harmful bureaucracy.
Source: Orange County Review on 2018 Virginia Senate race
Jul 19, 2017
Page last updated: Mar 14, 2026