CNN political race coverage: on Corporations


Dick Cheney: Cheney claims no influence on Halliburton contracts

Halliburton Co., the energy services giant once led by Dick Cheney, has called on its employees to write letters to newspapers and lawmakers in defense of the company’s image. Democrats have criticized the government for giving Halliburton contracts in Iraq without a competitive bidding process. So far under the contract, Halliburton has been paid about $1.4 billion of a possible $7 billion total. Cheney and Halliburton have denied that the company enjoyed any favoritism in winning the government job. Cheney still receives about $150,000 a year in deferred payments, and he also holds more than 433,000 stock options, all above Halliburton’s most recently traded price. Cheney insists that the deferred compensation was set up two years before he became a vice presidential candidate and that he assigned all his stock options to a charitable trust just before being sworn in. “I have no financial interest in Halliburton of any kind and haven’t had, now, for over three years,” he said.
Source: CNN.com coverage Oct 25, 2003

John Edwards: No cut in corporate tax rates; change incentives instead

Q: Do you believe there should be a cut in corporate tax rates right now to stimulate the economy and create jobs?

A: That is not what I would do. I think that there have been an awful lot of corporate tax loopholes that have been created over a period of decades now. In fact, there is actually a tax incentive today for American companies that are sending jobs overseas. I think that needs to be stopped. That loophole needs to be closed.

Q: Some economists say that this very high US corporate tax rate, one of the highest in the world, is really, in the end, hurting American workers because it simply encourages these companies to go overseas where the tax structure is a lot lower.

A: Well, I think what we have actually done, bot through our trade laws and our tax laws, is incentivize companies to go overseas. I think those incentives need to be changed, both in our trade structure and in our tax structure. We need to be pay more attention to the impact on middle class families.

Source: CNN coverage: LATE EDITION Jan 13, 2008

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2024 Presidential contenders on Corporations:
  Candidates for President & Vice-President:
V.P.Kamala Harris (D-CA)
Robert F. Kennedy Jr.(I-CA)
Chase Oliver(L-GA)
Dr.Jill Stein(D-MA)
Former Pres.Donald Trump(R-FL)
Sen.J.D.Vance(R-OH)
Gov.Tim Walz(D-MN)
Dr.Cornel West(I-NJ)

2024 presidential primary contenders:
Pres.Joe_Biden(D-DE)
N.D.Gov.Doug Burgum(R)
N.J.Gov.Chris_Christie(R)
Fla.Gov.Ron_DeSantis(R)
S.C.Gov.Nikki_Haley(R)
Ark.Gov.Asa_Hutchinson(R)
Former V.P.Mike Pence(R-IN)
U.S.Rep.Dean_Phillips(D-MN)
Vivek_Ramaswamy(R-OH)
S.C.Sen.Tim_Scott(R)
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