Tom Steyer on Corporations

Democratic Presidential Challenger; CEO


Can beat Trump on economy, did not inherit a penny

Donald Trump is going to run on the economy. I started a business by myself in one room. I didn't inherit a penny from my parents. I spent 30 years building that business into a multi-billion-dollar international business. Then I walked away from it and took the giving pledge. But whoever is going to beat Mr. Trump is going to have to beat him on the economy. I have the experience and the expertise to show that he's a fake there and a fraud.
Source: 7th Democrat primary debate, on eve of Iowa caucus , Jan 14, 2020

Spent $300M to take on unchecked corporate power

Q: You have denounced the special interests that pour hundreds of millions of dollars into the political process to influence it. But, in fact, you have spent over $300 million of your own money in support of your political goals. How do you respond to critics who see you as the embodiment of a special interest?

STEYER: What I've done over the last decade is to put together coalitions of ordinary American citizens to take on unchecked corporate power. We have a broken government in Washington, D.C. It's been purchased by corporations. Over the last decade, with the help of the American people, we have taken on and beaten the oil companies, the tobacco companies, utilities, drug companies.

I've also built one of the largest grassroots organizations in the United States. Last year, NextGen America did the largest youth voter mobilization in American history, also, in partnership with seven national unions, knocked on 15 million doors in 2016 and 10 million in 2018.

Source: November Democratic primary debate in Atlanta , Nov 20, 2019

Unchecked capitalism has failed us

I'm a progressive and a capitalist, but unchecked capitalism has failed us. We must end the corporate corruption and unchecked capitalism that has hijacked our democracy, and finally reverse the Republican policies that have allowed big corporations to write their own rules that reward shareholders at the expense of American workers. I've developed a clear vision for a strong, fair and just economy not by nationalizing industries but rather by fixing what is broken with our capitalist system.
Source: USA Today on 2019 Democratic primary , Nov 7, 2019

Break the corporate stranglehold of our government

Every single one of these conversations is about broken government. It's about drug companies buying the government and getting what they want. It's about the gun manufacturers buying the government and getting what they want. We need to break the corporate stranglehold on our government. I've put forward actual structural changes, including term limits, a national referendum, end the idea that corporations are people, and make it a lot easier to vote.
Source: October Democratic CNN/NYTimes Primary debate , Oct 15, 2019

Break up monopolies but we should focus on the positive

I agree that monopolies have to be dealt with. They either have to be broken up or regulated, and that's part of it, but we're going to have to show the American people that we don't just know how to tax and have programs to break up companies, but also talk about prosperity, talk about investing in the American people, talk about harnessing the innovation and competition of the American private sector.
Source: October Democratic CNN/NYTimes Primary debate , Oct 15, 2019

Calculate CA corporate income tax based on in-state sales

Billionaire Tom Steyer is the latest Democratic candidate to throw his hat into the ring. So far, he hasn't proposed any specific new tax law changes since joining the race. However, last year he did call for a 1% "wealth tax" on assets greater than $20 million and an unspecified estate tax increase.That should give voters some idea where Steyer stands on tax issues.
Source: Rocky Mengle, finance.yahoo.com, on 2019 Democratic primary , Aug 12, 2019

Other candidates on Corporations: Tom Steyer on other issues:
2020 Presidential Democratic Primary Candidates:
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
Sen.Elizabeth Warren (D-MA)

2020 GOP and Independent Candidates:
Rep.Justin Amash (Libertarian-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (Green-NY)
Gov.Larry Hogan (R-MD)
Gov.John Kasich (R-OH)
V.P.Mike Pence (R-IN)
Gov.Mark Sanford (R-SC)
CEO Howard Schultz (I-WA)
Pres.Donald Trump (R-NY)
Gov.Jesse Ventura (I-MN)
V.C.Arvin Vohra (Libertarian-MD)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld (L-NY,R-MA)
Civil Rights
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Social Security
Tax Reform

External Links about Tom Steyer:

2020 Withdrawn Democratic Candidates:
State Rep.Stacey Abrams (D-GA)
Sen.Michael Bennet (D-CO)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
CEO Tom Steyer (D-CA)
Rep.Eric Swalwell (D-CA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

Page last updated: Feb 25, 2020