John Neely Kennedy on Corporations
Democratic Senate Challenger (LA)
Disallow bank getting so big that its failure wrecks economy
Both candidates offered differing views of how to ease the national economic crisis. Kennedy said federal officials should suspend accounting rules that financial industry representatives blame for exacerbating the problems.
He said Congress should put limits on the nation’s banks and lending firms. “Never again can we allow a financial institution to get so big that its failure can wreck our economy,” he said.
Source: Associated Press on NOLA.com on 2008 Louisiana Senate Debate
, Oct 16, 2008
25% tax credit for companies hiring new workers
If I’m your next United States Senator, I’ll give businesses-all businesses, small and large-
25% of the federal income taxes paid each year by new hires. This federal income tax rebate would apply to net new jobs only. To qualify, a business would not have to be in an enterprise zone. It would not have be in a “cluster.”
It would not have to fill out hundreds of pages of government forms. All the business would have to do would be to create a new job. Similar programs have worked at the state level.
This labor-based subsidy will not cost the federal treasury a penny, because it would only apply to new jobs that would not otherwise be created, and specific safeguards can be added to the legislation to ensure that that is so.
Source: 2004 Senate campaign website, www.johnkennedy.com, “Issues”
, Oct 20, 2004
Supports letting businesses disagree with same-sex marriage.
Neely Kennedy supports the AFA survey question on same-sex discrimination
The American Family Association Action Voter Guide asked if candidates agree or disagree with the statement, 'I support legislation such as the First Amendment Defense Act (FADA) that would prohibit discrimination against individuals, organizations and sThe American Family Association Action Voter Guide asked if candidates agree or disagree with the statement, 'I support legislation such as the First Amendment Defense Act (FADA) that would prohibit discrimination against individuals, organizations and small businesses because of their belief that marriage is only a union of one man and one woman.'
American Family Association Action (AFA Action) produces the online "iVoterGuide" for selected state and federal races. The mission of AFA Action is to inform and mobilize individuals to strengthen the biblical foundations of America.
Source: American Family Association survey 16AFA_Q3A on Nov 8, 2016
Page last updated: Apr 17, 2020