Mike Mazzei Pushes $2 Billion Tax Cuts, Sidesteps Details of $11 Million Campaign Loans
Updated
Updated · NonDoc · Aug 24
Mike Mazzei Pushes $2 Billion Tax Cuts, Sidesteps Details of $11 Million Campaign Loans
3 articles · Updated · NonDoc · Aug 24
Summary
$11 million in personal campaign loans has become a fresh point of scrutiny for Mike Mazzei as the Oklahoma GOP gubernatorial frontrunner declines to discuss terms tied to his wealth-management stake.
A Jan. 13 UCC filing shows collateral includes Mazzei’s rights and interest in Tulsa Wealth Advisors, doing business as Trinity Strategic Wealth, but the loan’s interest rate and repayment schedule remain undisclosed.
Mazzei instead has centered his runoff message on eliminating Oklahoma’s income tax and property taxes for seniors and veterans, including a first-year cut from 4.5% to 3% that critics say could cost about $2 billion.
Trump and Gov. Kevin Stitt have endorsed the 61-year-old ahead of Tuesday’s runoff, expected to draw about 300,000 voters, with the GOP nominee heavily favored to win November’s general election.