Saturday, May 1, 2010

Arizona struggles on life support

ETA: it passed. I truly hope it does everything as promised, and that the economy doesn't suffer as a result. However taxes rarely perform that way.

Food for thought… re: Proposition 100, the “temporary” 1% (one percent) sales tax increase.

"The debate over Prop 100—the plan to raise the state’s sales tax by 18 percent—is in full swing and Goldwater is working hard to explain why this tax increase is unnecessary. Goldwater Institute President Darcy Olsen will be debating the issue on Channel 3 this Sunday, May 2, at 5:30 p.m. We hope you’ll have the time to tune in.

"You may remember that 10 years ago we raised the state sales tax with the promise that the new money would go to classrooms. Earlier this year, the state’s Auditor General looked into how that money is being spent and found that just over half makes it to the classroom. The rest gets spent on administration. In fact, less of each dollar spent on education in Arizona makes it to the classroom than before we raised the sales tax ten years ago. About an hour ago we posted a 30 second video on You Tube to explain this little know aspect of the sales tax debate."

emailed to me From: "Starlee Rhoades" of the Goldwater Institute
Sent: Friday, April 30, 2010 3:47:49 PM GMT -07:00 U.S. Mountain Time (Arizona)

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