Allen: Strongly Agree
Nunn wants to disallow corporate tax deductions for expenses incurred in closing plants to transfer production to other countries. Perdue is focused more on overall rate reductions. A Perdue spokesman stresses that the companies wouldn't have a reason to consider inversions [relocating abroad] if there were no tax in the first place. At the same time, he has joined other conservatives in support of the Fair Tax, a national sales tax to replace all income taxes, personal and corporate.
Libertarian nominee Amanda Swafford also sees the Fair Tax as a salvation. "The proper response isn't to ban inversions but to either enact the Fair Tax or move to a territorial system so companies can stay headquartered in America without facing a ridiculous tax surcharge on money made outside our country," she said.
PolitiFact [questioned whether] with 100 members in the Senate, could only one in 10 senators have a background in business? In the 113th Congress, 27 senators identified "business" as their occupation. But some senators list more than one occupation, and senators may not have been practicing their listed profession immediately before they entered Congress.
As for Perdue, he is using a number that campaign researchers gleaned by going through the biographies of all 100 senators, said Perdue's spokesman, [counting] senators who worked in the corporate world or had responsibility for a company's profit and loss margins. "Some of the members' primary occupations are debatable, which is why we use the language 'about 10.' " We rate his statement Mostly True
"As men and women clock in across the state, thousands of hands are building a stronger Oregon. But there are still special interests that want to give tax breaks to corporations that ship our jobs overseas," Merkley says.
"So I wrote a bill to make China play fair on trade, and I fought to end deals that outsource our jobs," he said.
The ad begins running in the Eugene market on Tuesday. The buy is "substantial," according to the campaign, which declined to further characterize the amount of money behind the ad.
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| Candidates and political leaders on Corporations: | |||
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Retired Senate as of Jan. 2015: GA:Chambliss(R) IA:Harkin(D) MI:Levin(D) MT:Baucus(D) NE:Johanns(R) OK:Coburn(R) SD:Johnson(D) WV:Rockefeller(D) Resigned from 113th House: AL-1:Jo Bonner(R) FL-19:Trey Radel(R) LA-5:Rod Alexander(R) MA-5:Ed Markey(D) MO-9:Jo Ann Emerson(R) NC-12:Melvin Watt(D) SC-1:Tim Scott(R) |
Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R) GA-1:Jack Kingston(R) GA-10:Paul Broun(R) GA-11:Phil Gingrey(R) HI-1:Colleen Hanabusa(D) IA-1:Bruce Braley(D) LA-6:Bill Cassidy(R) ME-2:Mike Michaud(D) MI-14:Gary Peters(D) MT-0:Steve Daines(R) OK-5:James Lankford(R) PA-13:Allyson Schwartz(D) TX-36:Steve Stockman(R) WV-2:Shelley Capito(R) |
Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R) AR-2:Tim Griffin(R) CA-11:George Miller(D) CA-25:Howard McKeon(R) CA-33:Henry Waxman(D) CA-45:John Campbell(R) IA-3:Tom Latham(R) MN-6:Michele Bachmann(R) NC-6:Howard Coble(R) NC-7:Mike McIntyre(D) NJ-3:Jon Runyan(R) NY-4:Carolyn McCarthy(D) NY-21:Bill Owens(D) PA-6:Jim Gerlach(R) UT-4:Jim Matheson(D) VA-8:Jim Moran(D) VA-10:Frank Wolf(R) | |
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