Home / Opinion / Commentary / Vote No on Prop. 480; It’s expensive and unwise

Vote No on Prop. 480; It’s expensive and unwise

In a recent Arizona Capitol Times commentary, advocates peddled support for Proposition 480, the county hospital bond proposal. It was revealing that the advocates left out the most important piece of information about the proposal; the price tag. This wasn’t an oversight but rather a clear recognition that the overwhelming cost of the proposal is impossible to justify.

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Tax exemption for digital goods will leave 9-figure budget hole (access required)

But this week, the Legislature proposes to take away at least another $183 million of tax revenue per year without any potential for future economic benefit. Unlike other tax reductions approved by the Legislature in recent years, eliminating the transaction privilege tax, or TPT, on digital goods doesn’t help the state attract one new job or encourage one business to relocate.