Tag Archives: taxes

To Tax or Not to Tax

That, in fact, is the question Arizona voters will be asked 18 May in a special election called at a cost of roughly $11mn.

Early voting has already begun on the proposed constitutional change to increase the state gross receipts tax rate (essentially a sales tax) from 5.6% to 6.6% for three years.

Arizona needs to do something to deal with its $6.3bn debt and projected deficit of $3-4bn (depending on who you ask) for 2010 . Governor Brewer and the Legislature have stated that there’s just nothing left to cut other than the “core government functions”—public safety and education.

But Proposition 100 is based on several false assumptions, and I urge you to oppose the tax increase. Continue reading To Tax or Not to Tax