I would like to thank you for the outpouring of advice and encouragement you have given me over the past several months as I have explored an independent candidacy for the office of Governor. After taking a very hard look at the race, I have decided, for a number of reasons, that I will not be a candidate for Governor in the upcoming November election.
My exploratory effort which featured specific proposals as its centerpiece generated significant support from non-affiliated voters as well as from Republicans and Democrats who feel that party labels no longer define them and often interfere with forging a consensus for governing. My hard look culminated with meetings with the major party nominees, John Kitzhaber and Chris Dudley. I believe they are mindful that voters want to hear them articulate specific plans to address our state's pressing needs; not merely aspirations and platitudes.
I told each that, if I decided not to run, I would resolve to continue a campaign of tangible ideas and would devote the coming years to do whatever I could professionally to advocate for policies calculated to result in private sector job formation. That will now be my emphasis as I attempt to forge consensus between Republicans and Democrats to convert many of these ideas into action.
Projects I will advocate for will include my rural economic development initiative which will incentivize local governments to recruit employers by sharing with those local governments a percentage of the future state income tax receipts from the recruited businesses, a capital gains holiday which will incentivize those who have capital assets to keep their capital within the state and further stimulate our state economy, and a broad based financing mechanism for universal health care (the Oregon Healthcare Ingenuity Plan) that will relieve employers of significant healthcare expenses and attract thousands of new employers to our state.
My discussions with you resulted in even more ideas for running government more efficiently, effectively and responsibly. I know you share my feelings that there is no better social program than a private sector job and hope you will join with me in my generating and promoting ways to invigorate Oregon's economy to salvage our state's future. Oregon's future demands the active involvement of its citizens.
Thanks so much for your support. Let's keep this dialogue going.