2004 former Reform Party nominee for Vice President; previously Candidate for CA Governor
Wealthiest should be taxed at the same rate as others
The average person in California is paying about 9.2% of the income in taxes. The wealthiest 1% pay 7.2%. If we just had the wealthiest 5% that receive all of the advantages of the great rise in the economy over the last 10 years, their income rose 113%.
Your income rose 8%. Latinos actually declined 3%. If they were taxed at the same rate that you pay, we would now have a surplus in the budget.
Source: Recall Debate, Cal. State Univ. at Sacramento
Sep 24, 2003
Audit is needed for responsible government spending
We're 27th in education and we're number one in the nation in economy. I'm calling for a five-year audit. I want a five audit to find out how we had a $30 billion surplus turn into a $38 billion deficit. I think we don't know for sure.
Some good things were done. More money put in to give teachers a higher pay. Some steps were made in taking care of our infrastructure. We don't want to go back on that. But it was done irresponsibly.
Source: Recall Debate, Cal. State Univ. at Sacramento
Sep 24, 2003