State of Maine Archives: on Corporations


Shawn Moody: Address red tape; focus on recruiting businesses

GROWING OUR ECONOMY. Structure a Governor's Initiative on Regulatory Reform with existing staff to address red tape. Conduct entry and exit interviews with businesses both moving to Maine and those leaving so we can address what is working well with, and what is inhibiting, job and economic growth. Focus on recruiting, and retaining, businesses which pay strong, competitive wages.
Source: 2018 Maine Gubernatorial race website ShawnMoody.com Sep 1, 2018

Shawn Moody: Run the state like I've run my business

Republican Shawn Moody said his life story informs not only who he is but how he will govern. He called himself "a local, homegrown individual who found his passion early in life."

He worked in a vehicle repair shop as a young teenager, starting his own business at 18. Moody's Collision Centers today has 11 locations and more than 200 employees. The business has received environmental and business excellence awards from the state of Maine.

In 2003, he began an employee stock ownership plan (ESOP), so that his employees have an ownership stake in the business. He said someone came up to him at one point and said, 'Why can't we run the state as an ESOP?' I thought that was a great question. And you know, look at how divided we are. How are we going to go forward? There's so much division today."

Moody has pledge to end "red tape" that in his view hinders business and said he believes government should work with businesses and manufacturers in order to provide job growth.

Source: Foster's Daily Democrat on 2018 Maine gubernatorial race Aug 3, 2018

Mary Mayhew: Keeping government out of business creates good paying jobs

Mayhew said to retain a younger workforce, the state must allow for businesses to be able to provide good paying jobs. To do that, she again said government needs to stay out of the way and let businesses grow on their own. She said government growing would destroy business opportunities, and to have vibrant communities and a robust economy, government needs to stay out of the way. "We've got to continue to move Maine forward," she said.
Source: Sun Journal on 2018 Maine Gubernatorial debate Feb 27, 2018

Eric Brakey: Cut $400M in corporate welfare & return it to the people

Tomorrow, I will release my plan to cut $400 million in corporate welfare so we can cut taxes for Maine people & businesses.
Source: Twitter posting on 2018 Maine Senate race Feb 26, 2017

Janet Mills: Won $21.5M settlement against S&P's mortgage practices

Maine is receiving more than $21.5 million as part of a $1.375 billion multi-state settlement of a lawsuit against credit ratings agency S&P. Maine Atty Gen Janet Mills says it's the largest one-time settlement in Maine history. "Holding S&P accountable for these practices tells Wall Street we will not tolerate acts that deceive investors and devastate our economy." Their practices ultimately led to the proliferation of low quality mortgages and the housing bubble and subsequent crash.
Source: MainePublic.org on 2018 Maine Gubernatorial race Feb 4, 2015

Eliot Cutler: Examine corporate tax breaks; avoid clawbacks by better deal

Q: Will you support legislation that would allow the State to clawback tax breaks from companies that fail to meet job creation goals or for companies that move jobs out of state after accepting Maine tax breaks?

A: Many of those tax breaks were enacted years ago for purposes that seemed important at the time and that perhaps we could then afford. But for the most part, they've been on autopilot; most have never been closely evaluated to see if they're still working, still needed, and still accomplishing their goals (if they ever did). They should be identified in our budget as expenditures that we have chosen to make.

As for clawbacks, we need to make sound deals in the first place with companies that have a good track record, pay good wages, and take advantage of Maine's competitive advantages. Sound deals will contain remedies against companies that fail to live up to their responsibilities.

Source: AFL-CIO Questionnaire on 2014 Maine Gubernatorial race Oct 16, 2013

Paul LePage: Capital investment goes where it is welcomed

Eighteen Maine communities are now designated as business-friendly. There is so much work left to do. Once again, Forbes ranks Maine dead last in the nation when it comes to being business friendly. We can disagree with Forbes analysis; however, America's job creators listen to them. Denial or sticking our heads in the sand will not change the reality. We must put ideologies aside and get to work to make Maine a competitive and prosperous state.

AL, SC, IN, and TX are attracting huge investments by companies, providing higher paying jobs for their residents, without exorbitant taxpayer subsidies. Why shouldn't Maine people benefit from the same economic opportunity? Remember one simple truth: "Capital investment goes where it is welcomed--and stays where it is appreciated."

Source: 2013 State of the State speech to Maine Legislature Feb 5, 2013

Paul LePage: Depreciate bonuses; reduce business tax rate to under 8%

To help create jobs in Maine, we include bonus depreciation for businesses investing in our economy's future. We increase the exemption for the death tax to make it easier to pass a family business to the next generation and to reduce the incentive for moving wealth out of Maine. And we lower the tax rate on families and business success from 8.5% to 7.95%, the lowest top income tax rate in Maine since 1975.
Source: Maine 2011 State of the State Address Feb 10, 2011

Susan Collins: Excess corporate pay rewards risk-taking over results

Collins called for extensive congressional oversight hearings to determine what went wrong and what needs to be done. She said there should be more pressure on corporate boards to curb excessive executive compensation that rewards risk-taking over long-term results, and called for more market discipline. Collins stopped short of endorsing more regulation of the country’s financial institutions. “It’s not a matter of too little or too much regulation but the right regulation,” she said.
Source: 2008 Maine Senate debate reported in Kennebec Journal Sep 21, 2008

  • The above quotations are from State of Maine 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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Page last updated: Oct 13, 2021