By Howard Fischer | Capitol Media Services
Republican treasurer candidate Kimberly Yee labeled a plan by Democrat contender Mark Manoil to have the state help rural financial institutions do more lending as “socialized banking.”
During a televised debate Tuesday on KAET-TV, Yee also accused Manoil of helping to evict families from their homes and his own foreclosure and vehicle repossession proves that voters should not put him in charge of an office that manages nearly $15 billion in assets.
Manoil said Yee, who as a state legislator has supported multiple tax cuts for Arizona corporations, is someone who is only “trusted by lobbyists.” Those tax cuts, he said, have made the state far too dependent on sales taxes which now fund more than 45 percent of the state budget, compared to just 2.4 percent from corporations.
“He doesn’t want voters to know what he does to earn a living,” Yee said. “He steals people’s property when they fall on hard times.”
“Of course not,” Manoil said.
“I enforce property taxes against people who don’t pay them,” he said. “It’s largely speculators or abandoned properties that are the subject of these things.