[The Old Hoosier]

Misleading headline.

It should read, Schwarzenegger AVOIDS vow to avoid raising taxes:

Speaking at a news conference in Los Angeles, Schwarzenegger acknowledged that ``it's clear we can't ever say never'' to raising taxes.

[Rome2000]

For Immediate Release
August 17, 2003 Contact: Karen Hanretty/310-314-2681
Darrel Ng

Schwarzenegger Makes Statement on Prop. 13

“I am extremely pleased I will be able to draw upon the wisdom of my friend Warren Buffett and other giants on the world stage such as Secretary George Shultz not only during this campaign, but also once I become governor.

"Warren and I have talked about Proposition 13, and he clearly understands my strong unequivocal support for the initiative.

“I supported Proposition 13 25 years ago, and I support it today. Two months ago I was honored to serve as the keynote speaker at the Howard Jarvis Taxpayer Association Proposition 13 silver anniversary gala.

“Twenty-five years ago, the people rose up and demanded relief from outrageous property taxes. The politicians of California at that time were unresponsive to the people’s needs. Elderly Californians on fixed incomes were afraid that they could lose their homes. So the people showed the politicians who was the boss

“Today, we are involved in a recall election because we again have a governor and government who have been unresponsive to the needs of the people.

“This is the principal reason I decided to run for governor. I am calling together the brightest minds in the business, financial and investment communities from throughout this state and country to help put California’s economy back on track and to help me formulate my economic agenda.

“I expect many dynamic ideas and policy recommendations from my team. But with regards to my position on Proposition 13, my position is rock solid in support of that initiative.”