Kamala Harris on Corporations
Democratic candidate for President (withdrawn); California Senator
TWO CANDIDATES HAVE SIMILAR VIEWS: Kirsten Gillibrand; Marianne Williamson.
Some candidates, such as Sens. Kirsten Gillibrand and author Marianne Williamson, say they want to ge
No candidates have similar views. Sen. Kamala Harris would impose a new tax on banks with over $50 billion in assets.
Harris: I hear that question, but where was that question when the Republicans and Donald Trump passed a tax bill that benefits the top 1 percent and the biggest corporations in this country? Contributing at least $1 trillion to the debt of America, which middle-class families will pay for one way or another. I am proposing that we change the tax code, so for every family that is making less than $100,000 a year, they will receive a tax credit that they can collect up to $500 a month. And on day one, I will repeal that tax bill that benefits the top 1% and the biggest corporations.
A: I think that Facebook has experienced massive growth and has prioritized its growth over the best interests of its consumers, especially on the issue of privacy. There is no question that there needs to be serious regulation, and that that has not been happening. There needs to be more oversight.
Q: Do you think they should be broken up?
A: Yes, I think we have to seriously take a look at that. They're essentially a utility. There are very few people that can actually get by without somehow, somewhere using Facebook. We have to recognize it for what it is. It is essentially a utility that has gone unregulated. As far as I'm concerned, that's got to stop.
Nonetheless, the settlement was woefully inadequate. In terms of direct financial relief, underwater homeowners--weighed down by average debt of close to $65,000 each--received around $1,500 to $2,000 each. just 84,102 California families had any mortgage debt forgiven--far short of the 250,000 originally predicted.
Supporting press release from Rep. Tom Emmer (R-MN-6): This legislation will foster economic growth by providing relief to Main Street, tailor regulations for better efficacy, and most importantly it will empower individual Americans and give them more opportunity.
Opposing statement on ProPublica.org from Rep. Gregory Meeks (D-NY-5): The bill includes many provisions I support: minority-owned banks and credit unions in underserved communities have legitimate regulatory burden concerns. Unfortunately, exempting mortgage disclosures enacted to detect discriminatory practices will only assist the Trump Administration in its overall effort to curtail important civil rights regulations. I simply cannot vote for any proposal that would help this Administration chip away at laws that I and my colleagues worked so hard to enact and preserve.
Legislative outcome: Passed House 258-159-10 on May 22, 2018(Roll call 216); Passed Senate 67-31-2 on March 14, 2018(Roll call 54); Signed by President Trump. May 24, 2018
Summary by GovTrack.US: (Nov 16, 2017)
Case for voting NO by Sierra Club (11/16/17): Republicans have passed a deeply regressive tax plan that will result in painful cuts to core domestic programs, to give billionaires and corporate polluters tax cuts while making American families pay the price. Among the worst provisions:
Legislative outcome: Passed House, 224-201-7, roll call #699 on 12/20; passed Senate 51-48-1, roll call #323 on 12/20; signed by Pres. Trump on 12/22.
|Other candidates on Corporations:||Kamala Harris on other issues:|
Kevin de Leon
Tom Del Beccaro
Senate races 2019-20:
AK: Sullivan(R,incumbent) vs.Gross(I) vs.
AL: Jones(D,incumbent) vs.Tuberville(R) vs.
AR: Cotton(R,incumbent) vs.Harrington(L) vs.
AZ: McSally(R,incumbent) vs.Kelly(D)
CO: Gardner(R,incumbent) vs.Hickenlooper(D) vs.
DE: Coons(D,incumbent) vs.
GA-2: Isakson(R,resigned) Loeffler(R,appointed) vs.Warnock(D) vs.Collins(R) vs.Tarver(D) vs.
GA-6: Perdue(R,incumbent) vs.Ossoff(D) vs.Hazel(L) vs.Tomlinson(D) vs.Terry(D)
IA: Ernst(R,incumbent) vs.Greenfield(D) vs.
ID: Risch(R,incumbent) vs.Jordan(D) vs.
IL: Durbin(D,incumbent) vs.Curran(R) vs.
KS: Roberts(R,retiring) vs.Marshall(R) vs.Bollier(D) vs.
KY: McConnell(R,incumbent) vs.McGrath(D) vs.
LA: Cassidy(R,incumbent) vs.Perkins(D) vs.
MA: Markey(D,incumbent) vs.O`Connor(R) vs.Ayyadurai(R) vs.
ME: Collins(R,incumbent) vs.Gideon(D) vs.
MI: Peters(D,incumbent) vs.James(R) vs.Squier(G)
MN: Smith(D,incumbent) vs.Lewis(R) vs.Overby(G) vs.
MS: Hyde-Smith(R,incumbent) vs.Espy(D) vs.
MT: Daines(R,incumbent) vs.Bullock(D) vs.
NC: Tillis(R,incumbent) vs.Cunningham(D) vs.
NE: Sasse(R,incumbent) vs.Janicek(R)
NH: Shaheen(D,incumbent) vs.Messner(R) vs.
NJ: Booker(D,incumbent) vs.Mehta(R) vs.
NM: Udall(D,retiring) vs.Lujan(D) vs.Ronchetti(R) vs.Walsh(L) vs.
OK: Inhofe(R,incumbent) vs.Broyles(D) vs.
OR: Merkley(D,incumbent) vs.Perkins(R) vs.
RI: Reed(D,incumbent) vs.Waters(R)
SC: Graham(R,incumbent) vs.Harrison(D) vs.
SD: Rounds(R,incumbent) vs.Ahlers(D) vs.
TN: Alexander(R,retiring) vs.Hagerty(R) vs.Bradshaw(D) vs.
TX: Cornyn(R,incumbent) vs.Hegar(D) vs.
VA: Warner(D,incumbent) vs.
WV: Capito(R,incumbent) vs.Swearengin(D) vs.
WY: Enzi(R,retiring) vs.Lummis(R) vs.Ben-David(D) vs.
Senate Votes (analysis)