Michael Bowman | Kentuckians For The Commonwealth

Michael Bowman

District/Office: 
Political party: 
Democrat
Question 1: 

What is your vision for the role of the Kentucky Treasurer? How will our commonwealth be better in four years if you are elected?

I envision the Treasurer’s office taking a stand for accountability within state government. The role of the Treasurer is to provide a stop-gap to prevent abuse of tax dollars by an otherwise unchecked chief executive and I will hold all the stakeholders, regardless of party, accountable.  My experience in both banking and local government gives me a unique perspective on how best to handle our states investments and ensure the best outcomes. As an ex-officio member of many boards and commissions, I will be a much stronger advocate for the interests of the people of the commonwealth than has been demonstrated by the incumbent and will help drive policies that build a stronger economy.

Question 2: 

Please highlight previous experience that you feel qualify you for serving in this office.

Officer and Branch Manager for U.S. Bank, Former Legislative Assistant to Louisville Metro Council, Executive Committee Member of the Louisville/Jefferson County Democratic Party.

Question 3: 

More than 250 tax expenditures are draining Kentucky's General Fund. Kentucky loses more revenue from these expenditures than we generate for our state budget. As treasurer, what reforms would you support to enhance our state tax system?

I plan to work directly with the General Assembly to provide input and produce legislation that would overhaul the entire tax system, making it fair and equitable for the citizens of the Commonwealth and holding corporations and businesses accountable for their fair share without putting the burden solely on working families.  Additionally, I would advocate for a Constitutional amendment that will grant local governments the authority to submit “local option sales tax” projects for a vote of the people to spur development, as well as, discuss legalizing cannabis and expanded gambling to increase our tax base to offset budget shortfalls primarily in education and the pension system.