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Jim DeMint on Corporations

Republican Jr Senator; previously Representative (SC-4)


Eliminating business taxes makes US best at manufacturing

During a recent recession, GDP declined less than 1% from 2007 to 2009, yet because our tax system is weighted so heavily on investors and business profits, total income tax revenues plummeted more than 20%. America desperately needs a fair and flat tax code.

There are numerous tax reform ideas that should be considered. Consumption tax proposals, such as the Fair Tax, would eliminate all income, payroll, and business taxes, and replace them with a 23% national sales tax. The elimination of business taxes would make America one of the best places in the world to manufacture goods. Rebates would be provided to insulate poor Americans against higher taxes, and the rich, who are the nation's largest consumers, would pay disproportionately more taxes. But all citizens would participate at least in a small way in paying for the cost of government.

Source: Now Or Never, by Sen. Jim DeMint, p.174 , Jan 10, 2012

Voted NO on repealing tax subsidy for companies which move US jobs offshore.

Amendment to repeal the tax subsidy for certain domestic companies which move manufacturing operations and American jobs offshore.
Reference: Tax Subsidy for Domestic Companies Amendment; Bill S AMDT 210 to S Con Res 18 ; vote number 2005-63 on Mar 17, 2005

Voted YES on reforming bankruptcy to include means-testing & restrictions.

Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy) to one under either Chapter 11 (Reorganization) or Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Voting YES would:
Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; Bill S 256 ; vote number 2005-44 on Mar 10, 2005

Voted YES on Bankruptcy Overhaul requiring partial debt repayment.

Vote to pass a bill that would make it easier for courts to change debtors from Chapter 7 bankruptcy, which allows most debts to be dismissed, to Chapter 13, which requires a repayment plan.
Reference: Bill sponsored by Gekas, R-PA; Bill HR 333 ; vote number 2001-25 on Mar 1, 2001

Rated 93% by the US COC, indicating a pro-business voting record.

DeMint scores 93% by US Chamber of Commerce on business policy

Whether you own a business, represent one, lead a corporate office, or manage an association, the Chamber of Commerce of the United States of AmericaSM provides you with a voice of experience and influence in Washington, D.C., and around the globe.

Our members include businesses of all sizes and sectors—from large Fortune 500 companies to home-based, one-person operations. In fact, 96% of our membership encompasses businesses with fewer than 100 employees.

Mission Statement:

"To advance human progress through an economic, political and social system based on individual freedom, incentive, initiative, opportunity, and responsibility."
The ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: COC website 03n-COC on Dec 31, 2003

Rated 14% by UFCW, indicating a pro-management voting record.

DeMint scores 14% by UFCW on labor-management issues

The United Food and Commercial Workers International Union (UFCW) is North America's Neighborhood Union--1.3 million members with UFCW locals in all 50 states, Puerto Rico and Canada. Our members work in supermarkets, drug stores, retail stores, meatpacking and meat processing plants, food processing plants, and manufacturing workers who make everything from fertilizer to shoes. We number over 60,000 strong with 25,000 workers in chemical production and 20,000 who work in garment and textile industries.

    The UFCW Senate scorecard is based on these key votes:
  1. American Jobs Act (+)
  2. Balanced Budget Amendment (-)
  3. Rejecting Cut, Cap, and Balance (+)
  4. Repeal Health Care Law (-)
  5. Sen. Am. 14 Wicker Am. to S 223, excluding unionization at TSA (-)
  6. Sen. Am. 740 McCain Am. to HR 2112, defunding TAA (-)
  7. Trade Adjustment Assistance Extension Act (TAA) (+)
Source: UFCW website 12-UFCW-S on May 2, 2012

Other candidates on Corporations: Jim DeMint on other issues:
SC Gubernatorial:
Nikki Haley
SC Senatorial:
Jay Stamper
Lee Bright
Lindsey Graham
Nancy Mace
Rick Wade
Tim Scott

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Retired as of Jan. 2013:
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Senate races Nov. 2014:
AK: Begich(D) vs.Miller(R) vs.Treadwell(R) vs.Sullivan(R)
AL: Sessions(R,unopposed)
AR: Pryor(D) vs.Cotton(R)
CO: Udall(D) vs.Gardner(R) vs.Baumgardner(R) vs.Buck(R) vs.Hill(R) vs.Stephens(R)
DE: Coons(D) vs.O`Donnell(R)
GA: Gingrey(R) vs.Nunn(D) vs.Perdue(R) vs.Handel(R) vs.Broun(R) vs.Kingston(R)
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ID: Risch(R) vs.Mitchell(D)
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MI: Land(R) vs.Peters(D) vs.Wiedenhoeft(R)
MN: Franken(D) vs.McFadden(R) vs.Abeler(R)
MS: Cochran(R) vs.McDaniel(R) vs.Childers(D)
MT: Walsh(D) vs.Bohlinger(D) vs.Daines(R) vs.Edmunds(R)
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NH: Shaheen(D) vs.Martin(R) vs.Brown(R) vs.Smith(R) vs.Rubens(R) vs.Testerman(R)
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OK-6: Inhofe(R) vs.Silverstein(D)
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SC-2: Scott(R) vs.Wade(D)
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Page last updated: Apr 13, 2014