UPDATE: Sink-McCollum smackdown, Part IIby Dara Kam | February 16th, 2010
The gubernatorial campaign fur continues to fly in the battle between Chief Financial Officer Alex Sink and Attorney General Bill McCollum, this time over what is a tax “cut” and whether they’re good or bad for businesses.
Sink’s campaign took a swing at McCollum for opposing tax cuts for small businesses to jump-start the economy and create jobs.
In fact, McCollum told reporters yesterday that he didn’t think targeted tax credits or incentives work out so great in the long term.
Here’s what McCollum said after a speech to the National Federation of Independent Business.
“Targeted tax credits, in my experience in Washington, were minimally effective. They can be in the short run but they’re not in the long run very effective,” the former Congressman said.
After the two campaigns traded insults on other matters throughout the day, Sink’s campaign blasted McCollum for being against tax cuts.
“Career politician Bill McCollum says tax cuts don’t work, but he’s just plain wrong- wrong for small businesses, wrong for our economy, and wrong for everyday Floridians. The choice in this election just got a little clearer- a career politician who cites his decades in Congress as a reason to oppose tax cuts versus a businesswoman who knows what it’s going to take to get our economy back on track,” reads a press release issued by Sink’s campaign spokeswoman Conchita Cruz.
McCollum spoke about tax credits or tax incentives. Are they the same as tax cuts?
“He said tax credits and tax credits are tax cuts,” Sink said in an e-mail from Cruz.
This from McCollum’s campaign spokeswoman Kristy Campbell.
“It is laughable that Alex Sink, who has made thousands in personal campaign contributions to liberal tax-and-spend Democrats, would try to assert she is a fiscal conservative. Following more political stunts from her official office at taxpayer expense, Alex Sink has resorted to ridiculous attempts to obfuscate the facts.
“Bill McCollum has a bullet-proof record of fighting to cut taxes across the board for families and businesses that speaks for itself,” Campbell said in a press release.