Candidate for
Treasurer; Republican Party

Having been elected to the State Board of Equalization seven years ago and having served on year on the Franchise Tax Board, I am in a position to understand the state's economic and revenue situation.

An ever increasing percentage of state bond interest payments is consuming a larger and larger portion of the state's budget. The needs are now acute for more state funding for education and other services and this puts pressure on to increase all taxes including personal and corporate income taxes as well as the state sales taxes. Any increase in those taxes will cause a stall in the California economy and may cause businesses to leave the state.

The state is already way too deep in debt. To solve part of the problem the State Treasurer must go before the legislature to oppose all but the most vital bond issues!

Second, I have held the NASD Security Licenses Series 7, Registered Representative, as well as the Registered Principle and Financial Principle Licenses.

I have an understanding of the financial markets, and I want to eliminate dealing with the "Middle Men" from "Wall Street" that receive hundreds of millions of dollars in underwriting fees and instead have our bonds underwritten by California-based brokerage firms.

I have been endorsed by the Howard Jarvis Taxpayers Organization, as well as many leading state legislators, and I seek your vote.