By the Arizona Free Enterprise Club |
Proponents of the Prop 310 tax increase tell voters it would cost just a penny when they buy coffee or just 10 cents when buying dinner to help fund “under-resourced” fire districts. But make no mistake, Prop 310 is a big tax hike. A new study by The Commonsense Institute, finds Prop 310 will cost taxpayers $5.5 billion over the next 20 years. On top of the bill footed by taxpayers, the Institute estimates it will result in the loss of thousands of jobs, shrinking our economy by $7.4 billion and reducing personal income by $8.55 billion over the lifetime of the tax.
Those are the consequences all 7 million Arizonans face under Prop 310 to fund fire districts that serve 1.5 million residents. These are the same districts with members who have been convicted of embezzling tens of thousands and even millions of taxpayer dollars for their own benefit, used the taxpayers’ debit card for thousands in personal purchases, and wastefully spent or mismanaged their existing tax dollars, racking up millions in pension debt…