The Economist: on Corporations

Marco Rubio: Big corporations gave out bonuses instead of reinvesting

His golden back-story, as a son of poor immigrants, helps with that--and looks more relevant now than ever. "My relatives are firefighters and nurses and teachers and electricians," he says. "These are people who are not all that excited about the new economy."

Xi Jinping: Purge capitalist excess; business must heed state guidance

The crackdowns are also making business harder and less rewarding. The party had been creating a regulatory and legal framework, but Mr Xi is imposing big top-down changes so fast that regulation has started to seem arbitrary. Consider, for example, "tertiary redistribution", in which shamed tech companies hand over cash to the state in an attempt to redeem themselves.

Kamala Harris: Raise corporate tax rates to 28%, from 21%

Ms Harris has said that she will follow President Joe Biden's previously outlined plans to raise corporate tax rates to 28%, from 21%, but to only increase income taxes on individuals earning more than $400,000 annually. Together, these changes would not generate enough revenue to cover the full cost of her agenda. The shortfall would add about $1.4trn to America's deficit over the next decade, according to Piper Sandler, an investment bank. That is a lot, even if less than the cost of Mr Trump's tax-cutting plan, which is estimated to be about $4.5trn over the next decade.