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Jim Oberweis on Corporations

 


Corporations go overseas when taxes & governments bully them

Sen. Dick Durbin says the middle class needs help. He supports stopping major corporations from reincorporating overseas to reduce their taxes.

Oberweis has accused Durbin of "bullying" the corporations that consider moving their headquarters overseas for tax purposes. He chides Durbin for not preventing the exodus with a rewrite of the tax code.

Oberweis is an investment manager and dairy owner known for the ice cream parlors that carry his name. He touts his private-sector success and derides Durbin as a "career politician." Oberweis said, "I freely admit that I'm not as good a politician as I am a job creator. Dick Durbin has never created a private-sector job in his entire life." Oberweis believes lower taxes and fewer federal regulations would help improve workers' fortunes.

Libertarian Sharon Hansen is aligned more closely with Oberweis on inversions, saying: "We need to lower their taxes so they don't want to go someplace else."

Source: Chicago Tribune on 2014 Illinois Senate debate , Oct 13, 2014

Other candidates on Corporations: Jim Oberweis on other issues:
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Page last updated: Jan 02, 2015