Corporate Tax Incentives Quotes

… a giant corporate welfare program

I know the ugly history of corporate welfare, and that's not New York City's future.

It shouldn't be easier for a company to get a tax break on buying another robot than training their employees to gain new skills for the modern economy.

American corporations hate to give away money.

Governments spend all their time trying to get big companies to relocate their headquarters, and they end up subsidizing the move with tax breaks. And companies that relocate their headquarters are often not meaningful job creators.

During the 2005 Bush tax holiday, corporations didn't bring back the billions they stashed overseas to build new factories, increase wages, or create more jobs. The lion's share of that windfall went to CEO raises and stock buybacks for investors on Wall Street.

I sit in the Senate, and see what Republicans are often advocating, it's those kind of tax loopholes for the richest of the rich or, frankly, for corporations and giving incentives for them to move jobs and opportunity overseas.

Today, if you're an American business, you actually get a benefit for going overseas. You get to defer your taxes. So if you're looking at a competitive world, you say to yourself, "Hey, I do better overseas than I do here in America".

Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.

The moral argument is that we give big business a huge tax break, and why do we do it? To get their jobs.

We owe to every businessperson and worker in America the best environment in the world to create a job. We owe that to American business. 35 percent corporate tax rate is the second highest in the world. We need to lower it so they don’t leave.

Once you say you're going to have to tax them coming in, and our politicians never do this, because they have special interests and the special interests want those companies to leave, because in many cases, they own the companies. So what I'm saying is, we can stop them from leaving. We have to stop them from leaving.