This is a reprint of an article published in the Jackson Free Press.
Ronnie Musgrove
As governor, Democrat Ronnie Musgrove was exceptionally tight-fisted. His opponent, interim Sen. Roger Wicker, has frequently charged that he squandered a budget surplus during his administration. This is inaccurate and misleading, as Musgrove dealt with a national economic downturn and decreased state revenue by cutting spending. He managed to balance the state’s budget without increasing taxes, against the recommendation of the Stennis Institute for Government.
In 2001, Musgrove vetoed 42 appropriations bills that legislators had based on an estimate that state revenue would grow by 3.7 percent for the next year. Musgrove contended that a 1 percent growth estimate was more realistic. Legislators overrode his veto, and Musgrove had to cut $55 million in state spending later that year when it became clear that revenue would fall below the Legislature’s projection.
As senator, Musgrove would support closing tax loopholes for companies that outsource American jobs. He also denounces tax breaks for big oil companies, which he says are inflating the price of oil.
Roger Wicker
Republican Roger Wicker, true to his fiscally conservative views, is a staunch opponent of tax increases in nearly any form. He supports making George W. Bush’s tax cuts permanent and repealing the estate tax.
Wicker voted against the final version of the $700 billion bailout package. He has called the bailout a “bad deal” and said that he would have preferred free-market alternatives, such as establishing a program to insure mortgage securities.
Wicker also supports suspending or eliminating the capital gains tax to aid investors. Despite his aversion to taxes and federal spending, Wicker is a skilled navigator of the federal earmark system that McCain and Musgrove deplore.
“I like to hear a job creation idea from local people about how we can enhance the quality of life,” Wicker told the editorial board of the Northeast Mississippi Daily Journal Oct. 13.
As a U.S. representative and interim senator, Wicker has secured federal funding for numerous projects in Mississippi, many of which have created jobs and bolstered local economies.
“I’m a mainstream Mississippi conservative who sees the benefit of a small amount of federal effort, working together with state and local folks to create jobs for Mississippians,” he told the Daily Journal.
Thad Cochran
Thad Cochran, also Republican, has distinguished himself as an opponent of higher taxes and increased government spending. He has voted repeatedly to repeal or cut the estate tax, which applies to those with estates worth $2 million or more. Cochran voted multiple times for reducing taxes on capital gains in 2005 and 2006, earning a 0 percent rating from Citizens for Tax Justice, a progressive taxation interest group.
Despite his fiscal conservatism, Cochran is renowned in Congress for securing federal earmarks. In 2008 alone, Cochran secured $837 million in federal funds for state projects.
Erik Fleming
Democrat Erik Fleming favors repealing George W. Bush’s tax cuts for the wealthiest Americans, instead eliminating the income tax on overtime pay. He proposed eliminating the tax on overtime pay as a state legislator. The measure ultimately failed on a technicality, Fleming says, but it still proved fairly popular.
“I never bought into trickle-down theory that the Republicans always espoused,” Fleming said. “I think that people that work for a living should always be considered first, before the investing class. Instead of bailing out people that made bad decisions, why not guarantee loans for small businesses to expand?”
“Putting all the emphasis on the business class without putting any regulations on them, I just think we’re doomed to repeat that cycle again,” he said.
He also stresses the importance of reviving an ethic of saving in American culture. Fleming would like to add an option to the federal tax return for taxpayers to invest some of their refund in U.S. Treasury bills. He encourages the expansion of innovations like Individual Development Accounts, which help people with low incomes build assets.
When voting always have ALL tghe facts on the candidates or you are not making an informed decision with your vote.