If you are covering Senate Majority PAC’s new ad it’s important to include that Katie McGinty was Vice President for a Wall Street firm, Natsource LLC, and promoted "the largest tax hike in Pennsylvania history," if enacted.
Of course, these facts are conveniently ignored by McGinty’s special interest allies.
VP OF WALL STREET FIRM:
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From 2001 – 2003, McGinty Served As Vice President For Asset Management At Natsource LLC., A Financial-Services Firm Specializing in Energy And Environmental Transactions. (Amy Worden, “Ex-Clinton Adviser Reportedly Set To Head DEP Kathleen McGinty, Who Led A White House Panel On The Environment, Is Said To Be Ed Rendell’s Choice,” The Inquirer, 1/16/03)
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Natsource Hired McGinty To Lead An Investment Fund. “Natsource has named Kathleen A. McGinty, vice president, Natsource, Asset Management.” (“Natsource Names Clinton/Gore Aide To Team,” The U.S. Coal Review, 7/2/01)
- Natsource Is A “Wall Street Firm.” “McGinty, secretary of the state Department of Environmental Protection, has known Lopez since her three-year stint as a vice president with NatSource, a Wall Street firm that specializes in energy investment and trading.” (Bill Toland, “Spanish Wind Energy Company To Open Headquarters In Philadelphia,” Pittsburgh Post-Gazette, 9/24/04)
TAX HIKES:
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McGinty Promoted Gov. Wolf’s Budget As His Chief Of Staff. “With the delivery of Gov. Tom Wolf’s budget proposals to legislators and committee heads on Wednesday, Chief of Staff Kathleen McGinty stumped for his proposals and downplayed criticisms. McGinty spoke to reporters in the Capitol about Wolf’s budget proposals and what they aim to do. She covered a variety of topics including education funding, pension reform and taxes.” (Christian Alexandersen, “Gov. Tom Wolf’s Chief Of Staff Promotes Budget Proposals,” The Patriot-News, 3/11/15)
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Wolf’s Budget Proposed Raising Taxes By $4.6 Billion. “His budget proposes about $4.6 billion in new revenue.” (Karen Langley, “Gov. Wolf’s Budget Plan Focuses On Pennsylvania’s Middle Class, Education,” Pittsburgh Post-Gazette, 3/3/15)
- If Enacted, Wolf’s Budget Would Have Become The “Largest Tax Hike In Pennsylvania History.” “Gov. Tom Wolf on Tuesday proposed a more than $30 billion state budget built on a wide-ranging tax restructuring plan that could, if enacted, become the largest tax hike in Pennsylvania history but significantly cut the school property tax.” (Brad Bumsted, “‘Time For Bold Change,’ Wolf Says In Outlining $30B State Budget,” Pittsburgh Tribune-Review, 3/3/15)