Lynn Swann has finally given some details into what his campaign platform for the November election. On April 6, Swann called for reductions in two key state revenue-raisers, the personal income tax rate and the corporate net income tax. In January 2004, Gov. Rendell raised the personal income tax rate to 3.07 percent, he explained that this was done to erase the state budget deficit inherited from the state’s Republican party. Swann believes that because the state of Pennsylvania will have a surplus of between 300 to 500 million dollars, the personal tax rate should be decreased to the previous level of 2.8 percent. Regarding the corporate tax rate, Swann believed that the nation’s highest rate of 9.99 percent should also be decreased. However, he did not state specific reasons why this should be done, other than the fact that it is one of the nations highest rates. He also explained that he wants to phase out the inheritance tax to be to protect Pennsylvania’s senior citizens, small family-owned businesses and family farms.
Although these sound like great ideas that would help the citizens of Pennsylvania, politicians for years have called for these changes. Swann did not say how he would make up the expected 1 billion dollars deficit that these tax decreases would create. That is a lot of money and yet Swann has not explain how he is going to make of these inadequacies.
Swann has also faced some difficulties in financing his campaign. It was released that incumbent Ed Rendell has more than 10 times the amount of money as Swann. He is lacking in donations from all sources, however donors from Pennsylvania are especially lacking. Swann has received only $50,000 from Pennsylvania donors, while Rendell has received more an $1.9 million.
Another issue facing Swann is how the voters view him and his campaign. A poll completed on March 31, found that the first thought that most people arrive at is that he is a football player. Another adjective used to describe Swann is that he is inexperienced, unqualified, but honest. While Rendell is first considered as a politician and other adjectives were experienced and confident. However, some consider Rendell a liar and a crook. It will be interesting to see what the voters will do in November. Will they vote for a person who is inexperienced, yet honest? Or someone who is experienced, but considered a crook? It seems that Swann will need to express his ideas more fully and explain how he will make up for the deficiencies.
http://www.post-gazette.com/pg/06095/679414-178.stm
http://www.post-gazette.com/pg/06095/679470-178.stm
http://www.post-gazette.com/pg/06095/679470-178.stm