A Santa Clarita tax adviser is throwing his hat in the ring for the 25th Congressional District, seeking the seat held by Congressman Buck McKeon, R-Santa Clarita, for more than 20 years.
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Troy Castagna, 37, of Saugus, who runs his business TC Financial, out of a Santa Clarita Valley office.
Castagna acknowledged he was a relatively late-comer to the race, but also said he was spurred to run after finding out about who the presumptive front-runners were for the Republican Party.
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“I saw that there were, at least on the Republican side, a couple of career politicians,” Castagna said, referring to Tony Strickland and Sen. Steve Knight, R-Palmdale. “My view is that sending career Sacramento politicians, like my opponents, to fix Washington, is a terrible idea.”
Castagna didn’t feel as though McKeon was a strong enough voice for Santa Clarita Valley residents, he said, adding his experience as a tax adviser uniquely qualifies him to not only discuss, but take part in needed tax reform.
“I’m a private sector tax and finance guy,” Castagna said. As an enrolled agent, Castagna is a federally licensed tax practitioner who has unlimited rights to represent taxpayers before the IRS.
“I sit down with clients, prepare tax returns, interact with the IRS on their behalf,” he said.
Castagna works with a lot of individuals on the tax side, including small-business owners, he said, providing him with insight on how America’s taxes are “putting the squeeze” on America’s middle class.
He also spent five years working in corporate finance, focusing on equity and debt offerings, as well as mergers and expansion.
His late entry to the game put him behind in the fundraising race; however, he said the amount of his own money that he’s putting into his campaign shows how serious he is about his candidacy.
His campaign ended the most recent filing period in March showed $110,335 on hand, and $6,429 in expenditures, with $91,654 in outstanding loans.
In comparison, Strickland has $656,188 on hand after more than $881,232 in net contributions.
Democratic nominee Lee Rogers has $261,297 in the campaign warchest, after more than $523,000 in net contributions and no outstanding loans.
Knight has $96,746 on hand after more than $110,000 in net contributions, and $19,417 in outstanding loans
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Source: Santa Clarita News