State of Delaware Archives: on Corporations


Julianne Murray: Small businesses must have rights & less restrictions

Murray supports a bill of rights for businesses, including a one-year delay on new tax laws and regulations going into effect, time to fix any broken regulations/laws, and required cost estimates to a business for a new regulation's implementation.
Source: 2020 DE gubernatorial campaign website MurrayForDelaware.com Oct 9, 2020

Jessica Scarane: Increase corporate taxes; raise capital gains taxes

Source: 2020 Delaware Senate campaign website JessForDelaware.com Nov 30, 2019

Rob Arlett: Remove job-killing regulations to boost the economy

Rob will go to Washington to remove burdensome, job-killing regulations, unleashing the American dream for Delawareans. Rob knows that the Delawarean workforce is the best in the world and is ready to fight to enact economic reforms to lift up Delaware's small businesses and create high-paying jobs that will modern our workforce.
Source: 2018 Delaware Senate Campaign website RobArlett.com Sep 1, 2018

Charles Schumer: The Schumer box: full disclosure on credit card agreements

It was October 1987, and the House of Representatives was debating a bill written by then-Rep. Chuck Schumer that would disclose more information to prospective credit card customers. The legislation would ultimately create the "Schumer box"-- the part of a credit card agreement that lists interest rates, terms, and fees in large type.

Liberal Democrats wanted more than just disclosure. One amendment would have limited the allowable interest rate on all U.S. credit cards to 15 percent. A 1978 Supreme Court ruling had rendered state-level interest rate caps useless, allowing lenders to charge 40% or more in some states.

With a healthy 257-177 advantage, House Democrats had the numbers to force the federal cap through. But Schumer and his colleagues on the House Banking Committee wanted no part of significantly depressing credit card profits, having struck down this amendment almost unanimously in committee.

Source: The Intercept on 2018 Delaware Senate race Aug 22, 2018

Tom Carper: 22-year history of pro-business support of banking lobby

[When opposing a cap on credit card interest rates in 1987], Carper said that young college graduates and the working poor would not be able to access credit if interest rates were capped. It rehashed a perennial claim from banking industry supporters: You have to let banks gouge their customers, because how else will customers obtain vital services?

Against an alliance of Banking Committee Democrats and pro-business Republicans, the amendment failed. It took two decades for a federal interest rate cap to be debated again, as part of credit card reform legislation called the CARD Act. This time, Sen. Bernie Sanders would fail to overcome the power of the banking lobby. Among the 60 senators voting no was the senior member from Delaware: Tom Carper. It was still, 22 years later, premature.

For nearly 40 years, banks have found a reliable ally in Carper. Carper has taken the side of the industry in virtually every policy debate over that period.

Source: The Intercept on 2018 Delaware Senate race Aug 22, 2018

Gene Truono: Decrease regulatory burden on small businesses

Gene will fight to decrease the regulatory burden on our small businesses by eliminating unnecessary and duplicative regulations, leading to an increase in jobs and stronger economy.
Source: 2018 Delaware Senate campaign website VoteTruono.com Apr 4, 2018

Chuck Boyce: Small businesses are the job creators in America

Three things Boyce pointed to that he said he wanted the crowd to remember about him were: "I am the son of a Vietnam-era veteran, I am the father of a 14-year-old daughter and I am a job creator here in the state of Delaware."

As things he would like to help fix in Washington, he pointed to failures in the Veterans' Administration that his family dealt with, as well as what he sees as failures in the education system that he has experienced as a parent.

"We need to make sure that our kids are being prepared for the jobs that are actually going to be available tomorrow," he said. He also said he wants to see more emphasis on alternatives to college. "We need to stop demonizing secondary-education options," he said.

"Small businesses are the job creators in America," Boyce said, adding that he wants to repeal regulations that he feels are burdensome to entrepreneurs and small businesses.

Source: Coastal Point on 2018 Delaware Senate debate Mar 2, 2018

Jack Markell: Reduce regulatory burdens on business

Our employers and entrepreneurs expect Delaware to be an affordable, welcoming place to do business. That's why we have taken major steps to ease regulatory burdens. We've invested in broadband deployment in southern Delaware and increased access to capital for hundreds of start-ups and small companies--but we can do more.
Source: 2016 State of the State speech to Delaware legislature Jan 21, 2016

Jack Markell: Ease restrictions on crowdfunding

Congress has given states the flexibility to permit citizens to more easily invest in startups. Much of this investing can be done through what is known as crowdfunding--a way for entrepreneurs to connect with investors. Through crowdfunding, companies raise billions--this year the amount of investment is expected to exceed the funding provided through traditional sources like venture capital. But our laws prevent our citizens from using crowdfunding to its full potential to help Delaware businesses.
Source: 2016 State of the State speech to Delaware legislature Jan 21, 2016

Alex Pires: Corruption comes from taking money from the corporate world

In recent months, Pires has accused Carper of corruption, insider trading, domestic abuse and lying about his service in the Vietnam War. "I don't take money from anyone in the corporate world," Pires said. Pointing at Carper, Pires said, "He is the world-record holder for taking money from corporations."
Source: Cape Gazette on 2012 Delaware Senate debate Oct 19, 2012

Alex Pires: Less money on corporate subsidies; more on children

Pires said more federal money should be spent on children and medical services and less money should be spent on corporate subsidies. "I'm interested in families," he said. "Why are we spending so much of our time and money on the corporate world?"
Source: Cape Gazette on 2012 Delaware Senate debate Oct 19, 2012

Tom Carper: Roadmap for deficit reduction should raise corporate taxes

Carper said President Barack Obama has created a roadmap for deficit reduction, which includes raising tax rates on corporations. He said the president's proposal has earned bipartisan support. "This is a good roadmap; we should do it," Carper said.

Carper said a comprehensive deficit reduction plan would demonstrate fiscal responsibility. The government does not create jobs, Carper said; it creates a nurturing environment where businesses can thrive.

Source: Cape Gazette on 2012 Delaware Senate debate Oct 19, 2012

Kevin Wade: Small business owner: Philadelphia Control System since 1982

During [his proposed series of debates against Sen. Tom Carper], Wade said, he would describe his vision and solutions from the perspective of being a small business owner. Wade owns Philadelphia Control Systems, Inc., in Christiana, Delaware. The firm, which Wade founded in 1982, provides industrial automation computer solutions and technology data management.
Source: Delaware Republican Examiner on 2012 Delaware Senate debates May 26, 2012

Jack Markell: Expand manufacturing; reform permitting; help small business

Historically, Delaware has been defined by what we make. Manufacturing jobs have provided a ladder to economic independence for countless families and they must remain part of our economic future. Our Delaware Manufacturing Association will build on effective past outreach to local manufacturers on topics ranging from lean manufacturing techniques to energy savings programs. Together, we will work to develop and implement new ways to expand manufacturing jobs.

We will stay focused on the particula issues facing our small businesses. That means continuing our efforts to make permitting more efficient and predictable. It also means recognizing that one of the most important assets of any small business is its workforce. Too often, small business owners have trouble negotiating and paying for healthcare coverage for their workforce, or attracting the best workers when they don't. We will implement the new federal health care act in a way that most helps our small businesses.

Source: 2011 Delaware State of the State Address Jan 20, 2011

Chris Coons: Citizens United was ill-decided & distorts political process

Q: What is your reaction to the recent Supreme Court ruling allowing corporations to donate to political campaigns?

COONS: The Citizens United decision was an unfortunate and ill-decided decision. One that opens the flood gates to increased corporate contributions that could have, as an unintended consequence of the decision, significantly distorting out electoral process. I would support reforms that further disclose who is behind these shadowy groups? Whether individuals, or corporations, that are trying to influence our elections by pouring money into it. Sunshine is the best disinfectant. And in politics it is best for us to disclose as fully and as broadly as possible who is making contributions.

O'DONNELL: And yet the legislative efforts to do exactly that has failed to do that. The Disclose Act, put out there to do just that, has exempted the major corporations from disclosing it. Instead, what these efforts do is only serve to infringe on the First Amendment right of private citizens.

Source: CNN's Wolf Blitzer moderating 2010 Delaware Senate debate Oct 13, 2010

Christine O`Donnell: Economic recovery comes when government gets out of the way

O'DONNELL: The best thing the government can do to get our economy back on real economic recovery is to get out of the way of the small business owner and get out of the way of the entrepreneur. And the way you do that is to make sure these tax hikes don't come in January. You begin to roll back some of the regulation that's forced them to close their doors.

COONS: I'm not sure I understand what Ms. O'Donnell means by "culture of dependency" and that her primary objective would be to end the endless regulation and red tape. She denounces the Obama administration, says it's done nothing to promote job growth when frankly, just a few weeks ago, a new bill that would provide expanded SBA loan capacity, $30 billion worth of new lending capability, TARP funds that have been repaid, and are being repurchased towards small and midsized banks all over the United States. Real and concrete steps are being taken.

Source: CNN's Wolf Blitzer moderating 2010 Delaware Senate debate Oct 13, 2010

Christine O`Donnell: Citizens United overturns limits on First Amendment

Q: What is your reaction to the recent Supreme Court ruling allowing corporations to donate to political campaigns?

COONS: The Citizens United decision was an unfortunate and ill-decided decision. One that opens the flood gates to increased corporate contributions that could have, as an unintended consequence of the decision, significantly distorting out electoral process. I would support reforms that further disclose who is behind these shadowy groups? Whether individuals, or corporations, that are trying to influence our elections by pouring money into it. Sunshine is the best disinfectant. And in politics it is best for us to disclose as fully and as broadly as possible who is making contributions.

O'DONNELL: And yet the legislative efforts to do exactly that has failed to do that. The Disclose Act, put out there to do just that, has exempted the major corporations from disclosing it. Instead, what these efforts do is only serve to infringe on the First Amendment right of private citizens.

Source: CNN's Wolf Blitzer moderating 2010 Delaware Senate debate Oct 13, 2010

  • The above quotations are from State of Delaware Politicians: Archives.
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2020 Presidential contenders on Corporations:
  Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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