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John Hoeven on Corporations
Republican Jr Senator; previously Governor
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Right approach: empower entrepreneurs & small business
Hoeven said his approach is one of empowerment, and it's a mantra that he repeats often on the campaign trail and echoed again several times when responding to answers during
Friday's debate."I have an approach that empowers people and entrepreneurs and small business," Hoeven said. "That's what we need to get our economy going."
Source: Fargo-Moorhead Forum coverage of 2010 N.D. Senate debate
, Oct 1, 2010
2003: overhauled corporate tax from 10.5% to 7%
State-by-state economic records of the past decade show us conclusively that low taxes create jobs and high taxes kill them. For example, in 2003 Governor John Hoeven (R, ND) encouraged the state legislature to overhaul the state's corporate income tax,
reducing the top rate from 10.5% to 7% and providing a two-year tax exemption to encourage natural gas drilling. Now the state's economy is booming, boasting the lowest jobless rate in America--around 4%.
With the economy growing quickly and government spending remaining frugal, the state began considering a big tax cut that would boost the economy even more.
Enacted the following month, the tax cuts sent a welcoming message to entrepreneurs
looking to start or expand businesses. Note that the government has not created jobs in North Dakota, but its pro-growth policies have created a virtuous cycle that stimulates the private sector.
Source: To Save America, by Newt Gingrich, p.177-178
, May 17, 2010
Rated 29% by UFCW, indicating a mixed management/labor voting record.
Hoeven scores 29% 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: - American Jobs Act (+)
- Balanced Budget Amendment (-)
- Rejecting Cut, Cap, and Balance (+)
- Repeal Health Care Law (-)
- Sen. Am. 14 Wicker Am. to S 223, excluding unionization at TSA (-)
- Sen. Am. 740 McCain Am. to HR 2112, defunding TAA (-)
- Trade Adjustment Assistance Extension Act (TAA) (+)
Source: UFCW website 12-UFCW-S on May 2, 2012
Page last updated: Aug 28, 2017