Economic growth and job creation depend on free markets and competition, but competition and free markets depend on trust, transparency, and integrity. We are committed to requiring honesty in corporate accounting effective corporate governance,
a fair shake for small investors and worker pension funds, a level playing field and competitive bidding practices for those who wish to transact business with the government, and vigorous prosecution of criminal conduct in executive suites.
Source: The Democratic Platform for America, p.25
Jul 10, 2004
End corporate welfare as we know
Ending corporate welfare. Many American corporations today pay less than ever in taxes because of tax loopholes secured by powerful lobbyists. We will end corporate welfare as we know it. We will eliminate the indefensible loopholes in our
tax code- from tax deals that have no purpose but avoiding taxes to the very shelters that Enron used to drive so many lives toward financial ruin. And we will eliminate the corporate subsidies that waste taxpayer dollars and undermine fair competition.
Source: The Democratic Platform for America, p.25
Jul 10, 2004
Tax credits and investment support for small business
Promoting small businesses. Small businesses and entrepreneurs are the lifeblood of our economy. We will encourage small business growth with a plan to make it easier for small businesses to secure capital and loans. We support tax credits and
energy investments that slash overall operating costs for small businesses and encourage them to grow and expand here in America. For America’s 350,000 small manufacturers, which account for over half the total value of U.S. industrial production and
employ 11 million people in high-skill, high-wage jobs, we will double funding to use technology to grow. We will help businesses cope with the skyrocketing cost of health care by reforming our health care system & cutting taxes to help small businesses
pay for health insurance. Retiree health costs impose major burdens on many employers, particularly manufacturers, and we will push for reform so that companies are not forced to choose among retirees, current workers, and their own ability to compete.
