State of Virginia Archives: on Corporations
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
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
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
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
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
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
Page last updated: Oct 14, 2021