Over beverages in the outdoor common area of the Phoenix café Lolas last week, Democrat Mark Manoil explained he would promote the creation of state community banks as the first Democratic Arizona State Treasurer since 1967. A July 25 Poll from Data Orbital shows the race between Manoil and his likely opponent Kimberly Yee a virtual dead heat with many undecideds Manoil has time to convince on the merit of his positions.
A Clean Elections Candidate, Mr. Manoil believes that “we need a Treasurer that is dedicated to preserving state assets including human capital.” He comes from a long line of public servants with his great-grandfather and granduncle serving as territorial treasurers before Arizona became a state. A graduate of Stanford and Arizona State University (where he received a Masters in Business Administration), he earned his law degree and has been practicing primarily property tax law for the last 30 years, which has partly equipped him with the knowledge necessary to function as the State Treasurer.
Mr. Manoil’s views on the State Financial Situation
Mr. Manoil feels that Republican leadership, reinforced by the passage of Proposition 108 in 1992, has led this state to poor financial stewardship with tax cuts needing only a simple majority to pass but tax increases needing a supermajority to correct any fiscal imbalances or errors. This has led to a plutocrats dream where social justice programs like university tuition rates have soared since the early 1990’s while Dark Money interests reap the rewards with trickle-down tax cut after tax cut while the people have to pay regressive state taxes to try to maintain a semblance of state services.