State of New Jersey secondary Archives: on Corporations


Phil Murphy: Incentive programs for business need reform

Tax incentive programs should be about the best of what we do in government--creating good jobs by investing taxpayer dollars with integrity, and subject to real oversight. That's the test. And, it's the test our system spectacularly failed. I do not oppose tax incentives. Carefully crafted, properly enforced, and transparent tax incentives have a place in a successful economic program. Incentives do help. But we need to do this the right way, the smart way, and the honest way.
Source: 2019 State of the State address to New Jersey legislature Jan 15, 2019

Robert Menendez: Keep CFPB Financial Protection; keep Consumer Advisory Board

Q: Financial Regulation: Cut back Consumer Financial Protection Bureau (CFPB)?

Robert Hugin (R): No stand found.

Robert Menendez (D): No. Criticizes disbanding of CFPB's Consumer Advisory Board.

Source: 2018 CampusElect.org Issue Guide on New Jersey Senate race Oct 9, 2018

Bob Hugin: As a job creator he'll employ new policies to spur growth

Bob understands the need for innovative policies that encourage economic growth and make our state more attractive. New Jersey is a high cost state. The future Bob envisions is one where our economy is growing, businesses are thriving and people have good paying jobs to support themselves and their families. He will use his decades of experience as a job creator to ensure that New Jersey's economy is a robust economy where everyone has the opportunity to succeed and pursue their dreams.
Source: 2018 New Jersey Senate campaign website BobHugin.com May 3, 2018

Rich Pezzullo: Government shouldn't bail out businesses that can't succeed

Rich strongly opposed the Bank Bailout and the Auto Bailouts and believes government's role is not to bail out businesses that cannot succeed. As Senator,˙Rich Pezzullo will support the House-initiated repeal of the Dodd-Frank Law that justifies future bailouts with intense job-killing regulations on the financial industry.˙
Source: 2018 New Jersey Senate campaign website pezzullo.com Jan 1, 2018

Seth Kaper-Dale: End estate tax and corporate welfare tax credits

Currently, NJ has a 7 bracket state tax system. I propose we add an 8th and 9th bracket, so that those who have the good fortune of exorbitant wealth can contribute more to our state. I also propose that the Estate Tax be reinstated and corporate welfare tax credits should be scrapped. If NJ goes with single payer, NJ business will have such incentive to do business here that they won't need any additional tax credits.
Source: 2018 New Jersey Governor website KaperDaleForGovernor.com Aug 8, 2017

Kim Guadagno: Work with businesses to cut state regulations in half

Since becoming the Garden State's first Lieutenant Governor in 2010, Kim has been working to cut government red tape, recruit new businesses and help existing businesses stay and grow in New Jersey. Thanks to her efforts, New Jersey has added 278,000 net new private sector jobs and more than 100,000 new businesses have filed paperwork to setup shop across our state in 2016 alone. Kim has worked collaboratively with the business community to cut the number of pages of state regulations in half. While New Jersey's economy has improved and become more responsive to the business community, we can and must do better.

Kim understands that to truly unleash New Jersey's economy, our leaders in Trenton must get serious about lowering the tax burden on families while fostering a more welcoming, customer-friendly environment for businesses.

Source: 2017 New Jersey gubernatorial campaign website Feb 3, 2017

Jack Ciattarelli: 10-year phase out of the corporate business tax

Source: 2017 New Jersey Gubernatorial campaign website Jack4Gov.com Jan 17, 2017

Chris Christie: $2.3 billion small business tax relief package

In these past five years, we have delivered needed tax relief to small businesses. The $2.3 billion small business tax relief package that we continue to phase in is improving New Jersey's business climate and making our state more competitive. That approach is explicit in the sweeping, bipartisan changes we've made to New Jersey's economic incentive programs.

And we have better targeted them to areas of our state that need investment most. And the verdict is in--and the early returns from the economic opportunity act show that it is working to attract and retain businesses. In total, our pro-growth policies and streamlined economic development efforts have brought in over $12 billion dollars of new public and private investment in New Jersey in these last five years.

The fact is that, the deeper they look, the more businesses like what they see. Companies have chosen New Jersey as a home for expansion.

Source: State of the State address to 2015 New Jersey Legislature Jan 13, 2015

Cory Booker: Lower corporate tax rate & close loopholes

Our corporate tax code offers a veritable menu of misplaced incentives and a high tax rate. But there is an alternative. Together, we can create a simple, dependable tax code that levels the playing field, creates jobs, and positions American businesses to lead the world. Any eventual solution should include the following:
Source: 2014 New Jersey Senate campaign website CoryBooker.com Jul 1, 2014

Jeff Bell: Low interest rates favor big businesses over small

Bell [wants] to draw attention to the issue of the Federal Reserve setting artificially low interest rates, which Bell says allow the federal government to run up trillions in debt and also benefit large corporations and investment banks; they stagnate the economy because they prevent small community banks from giving loans to small businesses and start-ups.

"It isn't profitable for them to lend to a business with a certain amount of risk with very low interest rates, so a lot of the lending that would normally set up lines of credit for small business are on the sidelines." Because small businesses are the biggest job creators, the lack of available credit hurts the labor market, he said.

Bell's proposed solution is to return the country to a gold standard, in which a large percentage of the US dollars in circulation are required to be backed by the corresponding value of gold in reserve. He believes doing so will cause interest rates to rise but provide greater long-term economic stability.

Source: Burlington County Times on 2014 New Jersey Senate race Jun 1, 2014

Cory Booker: Government procurement should promote women-owned business

I will make sure that the government contract procurement process promotes women-owned businesses and female entrepreneurs, as well as fair pay.

I will follow the lead of the many courageous women who have helped achieve the progress we have made, and will do all I can to support their efforts to build a country in which gender does not impact how much you bring home in your paycheck, to what extent you control decisions about your health, or how far you're likely to go in your career.

Source: 2013-2014 New Jersey Senate campaign web CoryBooker.com Nov 3, 2013

  • The above quotations are from State of New Jersey Politicians: secondary 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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