State of Virginia secondary Archives: on Corporations

Frank Wagner: Overly-burdensome regulations hinder job creation

As the only candidate for governor who has started businesses and created jobs, Frank is a longtime champion of career technical education and supports preparing students for the 21st Century workforce. Frank's plan will make career technical education a critical component of public schools and community colleges. Tens of thousands of jobs go unfilled for lack of trained workforce.

Tom Perriello: Cut $12B taxes on small businesses to help provide capital

"This was a huge victory for small business that included much needed tax cuts and a boost to small business lending. After meeting with business owners throughout our area, we helped to craft this common-sense approach that includes a freeze on capital gains taxes and a significant increase in the deduction for start-up costs," said Rep. Perriello.

Bob McDonnell: Small businesses are the backbone of Virginia's economy

Small businesses are the backbone of Virginia's economy, accounting for 97.5% of all existing business establishments in the Commonwealth. As Governor, Bob McDonnell will continue to support policies that help small businesses, and in turn the worker they employ.
• Commit Virginia government to approve most routine business applications within 48 hours
• Significantly enhance the "The Virginia Business One Stop" website into a "First and Only Stop" by increasing the information, resources, and assistance available to ensure that only one stop is necessary to get a new business up and running with minimal delay
• Work with Virginia localities to get all necessary paperwork and forms for small business start ups online
• Fast track the permit process for small businesses
• Make it easier for businesses in good standing that are expanding within Virginia, or moving into the state, to operate under temporary licenses while awaiting official approval.

Bob McDonnell: Get rid of taxes & regulations to make VA best for business

"I've set a goal of Virginia being the best place in America for small business," says McDonnell. "Get rid of some of the bureaucracy, the tax and the regulatory policies. 48-hour turn around time, one stop permitting to get entrepreneurs. I want to see the next Bill Gates come out of Virginia,".

Jim Gilmore: Washington “asleep at the switch” at financial oversight

Gilmore said the situation stems from companies allowing too much borrowing against too little assets. “We simply have to have more oversight right now to make sure that people understand that they can’t operate their businesses that way against the public interest,” he said.

Warner faulted Washington and Wall Street for being “asleep at the switch.” He said the country should look at Britain’s use of a single financial regulator as a possible model to fix the current crisis. “If there was ever a time to send somebody to Washington that can read a balance sheet... it’s now,” Warner said.

Mark Warner: Financial crisis stems from companies over-borrowing

Gilmore said the situation stems from companies allowing too much borrowing against too little assets. “We simply have to have more oversight right now to make sure that people understand that they can’t operate their businesses that way against the public interest,” he said.

Warner faulted Washington and Wall Street for being “asleep at the switch.” He said the country should look at Britain’s use of a single financial regulator as a possible model to fix the current crisis. “If there was ever a time to send somebody to Washington that can read a balance sheet... it’s now,” Warner said.