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Arizona, Elections, Politics

Arizona’s business community is united against Prop 204

Posted: November 3, 2012 at 1:15 pm   /   by

In the final week remaining until Election Day, the Arizona business community is firmly united in opposition to Proposition 204.  Voters should pay close attention to business leaders concerned about a sales tax increase that will make Arizona less competitive in the effort to create jobs and recover from the recession.

Led by the Arizona Chamber of Commerce and Industry, leaders from every sector of business have come together in an unprecedented effort to warn Arizona taxpayers.  The coalition against Proposition 204 is impressive. It includes businesses in retail, construction, tourism, housing, farming, and auto sales. Independent business and small business have joined the effort.

The ballot measure, titled the Quality Education and Jobs Act, would raise $1 billion a year for education spending through a one-cent permanent increase in the state sales tax rate.  The tax increase would give Arizona the second highest sales tax rate in the nation.

The permanent sales tax hike has united the business community throughout Arizona. The people who run businesses both large and small know all too well that the sales tax is a punitive and regressive tax that hurts families and the businesses that create jobs.

A no vote on Proposition 204 will prevent a setback to economic recovery in Arizona. It should be defeated on November 6.

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Arizona's business community is united against Prop 204