Where They Stand on Economic Issues : REPUBLICANS

* Gov. Pete Wilson

Jobs: Supports tax credit for jobs creation, acceleration of Caltrans contracts, improved business climate.

Taxes: Calls for a more competitive tax structure. Pushed to make permanent the tax credit for research and development and supports tax credits for investments in small business.

Bureaucracy: Signed bills to streamline hazardous-waste permits and require agencies to weigh the economic impact of regulations before they take effect. Created “red teams” to guide business through the bureaucracy.

Miscellaneous: Expanded California marketing efforts in Mexico and would expand the state’s export finance program.

* Ron Unz

Jobs: Would slash red tape and cut state spending while trying to enhance education and skills for workers, to keep business in California.

Taxes: Would cut top bracket to 5% from 11%

Bureaucracy: Seeks massive reduction in regulations and would pull the plug on workers’ compensation and other government programs.

Miscellaneous: Would slash the state budget by $7.5 billion.

DEMOCRATS

* Kathleen Brown

Jobs: Supports tax incentives for jobs creation.

Taxes: Would exempt start-up firms from business income tax or corporate franchise tax burdens in their first year.

Bureaucracy: Would create regulatory ombudsman and appoint a lead agency to assist business through the permit process.

Miscellaneous: Would provide capital for small- and medium-sized businesses and entrepreneurs, seed funds for women and minority-owned firms and emerging technologies. Would steer money for community reinvestment into disadvantaged areas.

* John Garamendi

Jobs: Would implement a sweeping health care plan to free up billions of dollars to enhance the California economy.

Taxes: Supports a break in the capital gains tax to favor long-term investments in small, high-tech companies. Would provide tax credits to help defense firms make the leap to non-defense industries.

Bureaucracy: Would streamline environmental permitting process and establish one-stop shopping for businesses in need of regulatory approvals.

Miscellaneous: Pushed legislation to lower corporate tax rates, provide tax credits for research and development, and allow business to carry over 50% of operating losses to future tax years.

* Tom Hayden

Jobs: Seeks pro-environmental economic development, such as renewable energy and an electric car industry.

Taxes: Would plug tax loopholes to fund education and health, increase the tax liability of polluters and maintain the temporary 10% and 11% tax brackets on high-income taxpayers.

Bureaucracy: Would cut bureaucratic “bloat” by $1 billion.

Miscellaneous: Would invest in community-based, minority-owned enterprises.