State of Indiana Archives: on Corporations

Joe Donnelly: Lower corporate tax rate from 35% to 25%

Mourdock predicted major tax reforms in Congress, but said he would not support a national sales tax to replace other taxes. He said he supports lower taxes and criticized Donnelly for opposing the elimination of the federal inheritance tax.

Donnelly said he wants to see corporate income tax rates lowered from 35 percent to 25 percent. He said he supports eliminating the inheritance tax, but only once the nation's fiscal picture is improved.

Source: Evansville Courier & Press on 2012 Indiana Senate debate Oct 15, 2012

Joe Donnelly: Challenging auto bailout put 1000s of jobs at risk

To Donnelly, currently a member of Congress, Mourdock is "an unapologetic leader of the Tea party movement" who put hundreds of thousands of jobs at risk when he challenged the Chrysler bankruptcy settlement.

To Mourdock, currently state treasurer, Donnelly is a supporter of President Obama and Senate Majority Leader Harry Reid who voted to make government bigger by supporting ObamaCare.

The debate's frequent focus on partisanship and principles has its roots in the Republican primary, when Mourdock defeated veteran Sen. Richard Lugar in large part by arguing that Lugar had compromised too often on too many issues and was no longer representing the conservative values of Hoosier voters.

Donnelly repeatedly made a pitch to those so-called "Lugar Republicans." He stressed his work with Lugar in the Senate, including both of them supporting the federal loans to Chrysler and General Motors, and cited a letter Mourdock wrote that accused Lugar of betraying conservatives.

Source: Indianapolis Star on 2012 Indiana Senate debate Oct 15, 2012

Mitch Daniels: Reduce corporate income tax; cut and cap property tax

Q: Do you support an Indiana state constitutional amendment capping property taxes?

A: Yes. I support an eventual reduction in Indiana's relatively high corporate income tax. Our plan to cut and cap property taxes resulted in the largest tax reduction in Indiana history. I support the eventual elimination of property taxes, but not in the near future, because other taxes would have to be increased to unacceptable rates to make up the loss of revenue for local government.

Source: Indiana Gubernatorial Election 2008 Political Courage Test Nov 1, 2008

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Page last updated: Sep 08, 2014