State of Mississippi Archives: on Corporations

Jensen Bohren: Small businesses need same subsidy that big businesses get

I believe that small businesses, the heart and souls of our towns' economy, should have the same governmental subsidy that all businesses currently enjoy at the 7.25 minimum wage. The large corporations can afford to pay a living wage without becoming unprofitable. Small businesses cannot. With the minimum wage increase, I believe that 60% of employees' wages should be supplemented as an encouragement to our small businesses' hiring practices.
Source: 2018 Mississippi Senate campaign website Jan 1, 2018

Jensen Bohren: Wall Street needs regulations to stop manipulating prices

In addition to disrupting monopolies, we must re-regulate Wall Street to protect the general public and avoid severe recession and, God forbid, any depressions. Also, to discourage dishonest inflation of stock prices, there should be a small tax, comparable in rate to one of the higher sales taxes, on re-buys of a company's own stock. These stock rebuys are a major component of our stock market and allow a company to manipulate the price of its stock.
Source: 2018 Mississippi Senate campaign website Jan 1, 2018

Phil Bryant: Tax cuts for people before corporations

How do we generate sufficient revenue to maintain and keep safe the roads and bridges that are our economic life line and not place an undue burden upon the working people of this state? There is no reason we cannot balance an increase in fuel tax with an equal and sufficient tax reduction. This tax cut does not need to apply to large corporations. They are and have been receiving the reduction in fuel cost for some time now. It is the working families of Mississippi I am concerned about.
Source: 2016 State of the State speech to Mississippi legislature Jan 26, 2016

Vicki Slater: The Great Recession bailout didn't help small businesses

Q: What do you think about the use of tax credits and incentives as an economic development tool?

A: I'm not against tax credits. I'm against the abuse of tax credits. I am also in favor of some tax credits for small businesses. When there was a bail-out after the Great Recession, small businesses weren't bailed out. Thousands of small businesses in Mississippi weathered through and made it without being bailed out like the big insurance companies, and the big banks, were bailed out. Some banks refused the bailout money, but a lot of banks took it. So I think there should be a program for small businesses on the tax credits, and I think tax credits should be wisely used. They should be revoked if there's any abuse of the money.

Q: What about the use of special sessions for large economic development projects?

A: It's certainly a tool that's at the governor's disposal, but I think a special session should be something that's rare because it's extra money for the taxpayers.

Source: Jackson Free Press on 2015 Mississippi Gubernatorial race Jul 22, 2015

Phil Bryant: Tax relief from delayed-accelerated tax payment

As all of you understand, Mississippi's business climate plays a critical role in attracting new opportunities and new jobs to our state. In my executive budget recommendation, I proposed a small business tax relief measure that will further stabilize our business climate. Each June, certain small employers in this state are required to pre-pay a portion of their taxes.

Known as the delayed-accelerated tax payment--a name only the government could create--this move puts a large burden on our state's job creators. My budget proposes relief for small employers, and I urge the Legislature to support it. The National Federation of Independent Businesses joins me in my call.

Source: 2013 State of the State address to Mississippi Legislature Jan 22, 2013

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Page last updated: Feb 13, 2018