Poizner to meet with San Diego officials

Republican gubernatorial candidate Steve Poizner is scheduled to have a roundtable discussion with San Diego County officials Tuesday on his proposal for across-the-board tax cuts to stimulate California’s economy and reduce the state’s budget deficit.

Poizner, the state’s insurance commissioner, has proposed 10 percent cuts to the state’s personal income tax, the sales tax rate and corporate tax rate.

His campaign estimates that the cuts would result in increased economic activity and an inflation-adjusted 1.77 percent increase in state tax revenues the first year after they are enacted and a 4.94 percent increase the second year.

Poizner’s rival for the Republican gubernatorial nomination, former eBay Chief Executive Officer Meg Whitman, has also proposed cutting taxes to give businesses the incentive to invest, expand and hire more workers.

“Commissioner Poizner will have a hard time hiding behind his new found fiscal conservatism as more Californians learn about his past support for higher taxes and his refusal to curb spending at the Department of Insurance,” said Whitman campaign press secretary Sarah Pompei.

Related posts:

  1. $27M recovered in ’07 wildfires, Poizner says
  2. Tom Campbell to speak in San Diego about switching to Senate race
  3. Carlsbad man announces bid for governor
  4. Health insurance help for unemployed San Diegans
  5. San Diego may increase water rates in January

Short URL: http://www.delmartimes.net/?p=5771

Posted by on Feb 16, 2010. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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