Topics in the News: Corporate Welfare
Gary Johnson on Free Trade
: May 2, 2011
Eliminate needless barriers to free trade
We should Reduce Federal Involvement in the Economy: - Reject auto and banking bailouts, state bailouts, corporate welfare, cap-and-trade, card check, and the mountain of regulation that protects special interests rather than benefiting
consumers or the economy.
- Restrict Federal Reserve policy to maintaining price stability, not bailing out financial firms or propping up the housing sector.
- Eliminate government support of Fannie and Freddie.
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Reduce or eliminate federal involvement in education; let states expand successful reforms such as vouchers and charter schools.
- Legalize, tax, and regulate marijuana, rather than wasting money on an expensive and futile prohibition.
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Eliminate needless barriers to free trade and make it easier for would-be legal immigrants to apply for work visas.
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Source: Campaign website, garyjohnson2012.com, "Issues"
Buddy Roemer on Tax Reform
: Mar 3, 2011
Simpler, clearer, fairer tax rates; eliminate loopholes
- Reform the entire tax code within a year to yield simpler, clearer, fairer tax rates that make us the envy of the investment world, creating millions of jobs.
- Re-write a tax code eliminating corporate welfare and complex loopholes and rewardin
the entrepreneurial efforts of small business owners who actually hire Americans needing work.
- Have spending and tax revenue balance and reduce government to its proper size. I will call for a cap on government spending as a percentage of GDP.
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Source: Exploratory Committee press release
Hillary Clinton on Corporations
: Jun 20, 2007
Enough with corporate welfare; enough with golden parachutes
Let’s finally do something about the growing economic inequality that is tearing our country apart. The top 1% of our households hold 22% of our nation’s wealth. That is the highest concentration of wealth in a very small number of people since 1929. So
let’s close that gap. Let’s start holding corporate America responsible, make them pay their fair share again. Enough with the corporate welfare. Enough with the golden parachutes. And enough with the tax incentives for companies to shift jobs overseas.
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Source: Take Back America 2007 Conference
Mark Sanford on Corporations
: Nov 4, 2000
Sugar subsidy is corporate welfare to a wealthy few
On the House floor in 1996, I said: “This vote is a gut check. It asks us who we are and what we do really believe in. As Republicans, we talk about free enterprise, we talk about open markets. Yet, the federal sugar subsidy program has a guaranteed floo
price of 23 cents. When I go to the produce store, I do not see a guaranteed floor price for tomatoes. When I go to the car shop, I do not see a guaranteed price for repairing the car. When I go to the hardware store, I do not see a guaranteed price for
hammers. Yet are we going to make an exception here?“You are looking at $1.4 billion of benefit. This subsidy flows down to one family in Palm Beach that gets millions every year. This style of profiteering does not pass the common sense test, nor doe
the sugar program.
The vote to end this absurd corporate welfare program came to a disappointing result. Term limits would do much to end such patently offensive and nonsensical programs as the sugar subsidy.”
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Source: The Trust Committed to Me, by Mark Sanford, p. 65-67