ARIZONA EDITORIAL FORUM
By Dave Wells
Arizona has to decide whether it cares more about improving educational outcomes or cutting business taxes, because we can't have both.
On May 18th, voters in the state will be faced with a one cent temporary sales tax, the bulk of which will support public education. But passing that initiative will mean nothing, if Republicans in the state legislature continue to push a measure that purports to create jobs, but in actuality will undermine the state's economic future.
Arizona's Job Recovery Act says that problems in Arizona result from taxes being too high, especially our business taxes. It cuts corporate income taxes by 30 percent, makes it possible for multi-state corporations to lower their portion of profits taxed by Arizona, lowers the assessment on corporate property taxes, and eliminates the state equalization property tax.
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Friday, May 7, 2010
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