Ken Salazar on Corporations

Democratic Jr Senator (CO)

Close loopholes that encourage overseas headquarters

I will fight to close unfair tax loopholes that encourage big corporations to move their headquarters overseas to avoid paying taxes, and other unfair tax breaks, while supporting corporate tax changes that encourage domestic investment. Source: Campaign website, SalazarForColorado.com Aug 11, 2004

Voted YES on repealing tax subsidy for companies which move US jobs offshore.

Amendment to repeal the tax subsidy for certain domestic companies which move manufacturing operations and American jobs offshore. Reference: Tax Subsidy for Domestic Companies Amendment; Bill S AMDT 210 to S Con Res 18 ; vote number 2005-63 on Mar 17, 2005

Voted YES on reforming bankruptcy to include means-testing & restrictions.

Amends Federal bankruptcy law to revamp guidelines governing dismissal or conversion of a Chapter 7 liquidation (complete relief in bankruptcy) to one under either Chapter 11 (Reorganization) or Chapter 13 (Adjustment of Debts of an Individual with Regular Income). Voting YES would:

Declare a debtor eligible only for Chapter 13, as anyone financially capable of paying back their creditors at a rate that still allows them to earn above their state's median income
Place domestic support obligations such as child support and alimony amongst the first priority claim category of non-dischargeable debts on a debtor filing for bankruptcy
Require debtors to pay for and attend credit counseling prior to filing for bankruptcy
Cap home equity protection at $125,000 if the debtor purchased a house within 40 months of filing for bankruptcy.

Reference: Bankruptcy Abuse Prevention and Consumer Protection Act of 2005; Bill S 256 ; vote number 2005-44 on Mar 10, 2005

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*Other candidates on Corporations:*		*Ken Salazar on other issues:*
*CO Gubernatorial:* Bill Ritter *CO Senatorial:* Bob Schaffer Mark Udall Wayne Allard *2008 Senate retirements:* Wayne Allard(R,CO) Larry Craig(R,ID) Pete Domenici(R,NM) Chuck Hagel(R,NE) Trent Lott(R,MS) Craig Thomas(R,WY) John Warner(R,VA) *2008 Presidential Contenders:* Chuck Baldwin(C) Rep.Bob Barr(L) Sen.Hillary Clinton(D) Sen.Mike Gravel(L) Alan Keyes(C) Sen.John McCain(R) Rep.Cynthia McKinney(G) Ralph Nader(I) Sen.Barack Obama(D) Rep.Ron Paul(R)	*2008 Senate Races:* AK:Stevens v.Begich v.Cuddy v.Sikma AL:Sessions v.Figures AR:Pryor v.Kennedy CO:Schaffer v.Udall DE:Biden v.O`Donnell GA:Chambliss v.Cardwell v.Jones v.Buckley IA:Harkin v.Reed ID:Risch v.LaRocco IL:Durbin v.Sauerberg v.Stafford KS:Roberts v.Jones v.Slattery KY:McConnell v.Lunsford LA:Landrieu v.Kennedy MA:Kerry v.O`Reilly v.Beatty ME:Collins v.Allen MI:Levin v.Hoogendyk MN:Coleman v.Franken v.Ventura v.Cavlan v.Pallmeyer MS4:Wicker v.Musgrove MS6:Cochran v.Fleming MT:Baucus v.Kelleher NC:Dole v.Hagan NE:Johanns v.Kleeb v.Raimondo v.Larrick NH:Sununu v.Shaheen NJ:Lautenberg v.Zimmer NM:Wilson v.Pearce v.Udall OR:Smith v.Merkley v.Brownlow OK:Inhofe v.Rice RI:Reed v.Young v.Tingley SC:Graham v.Cone v.Conley v.McBride SD:Johnson v.Dykstra TN:Alexander v.Eaton v.Padgett v.Tuke v.Lugo TX:Cornyn v.Noriega v.Jameson VA:Gilmore v.Warner v.Marshall WV:Rockefeller v.Wolfe WY4:Barrasso v.Carter v.Goodenough WY6:Enzi v.Rothfuss	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Jobs Principles Social Security Tax Reform Technology War/Peace Welfare Other Senators House of Representatives SenateMatch (matching quiz) Senate Votes (analysis) House Votes Bill Sponsorships Affiliations Policy Reports Group Ratings

Page last updated: Jul 08, 2008