By Daniel Stefanski |
Last week, Arizona State Senator Shawnna Bolick issued a statement about economic calamities affecting families around her state.
Bolick said, “Since Kamala Harris and Joe Biden entered office, Arizona families have felt the weight of crippling inflation caused by their bad policies. In 2022, inflation hit its highest level in 40 years at 9%, and the price of every basic necessity skyrocketed. While the Federal Reserve reports inflation has since eased to near the target 2% threshold, and despite this month’s interest rate cut of 0.5%, conditions are not improving for hardworking Arizonans. Grocery store prices are 25% higher now than just before the pandemic. Homes are no longer affordable for our working class. Eviction filings have hit record highs in the Valley.”
Bolick added, “Republicans at the Legislature have made it our mission to lessen these burdens. We eliminated the tax renters pay on housing. We passed a ban on grocery taxes that sadly every Democrat voted against and the Governor vetoed. I vow to continue fighting for policies that will allow you to keep more of your money next legislative session.”
Last year, Arizona Governor Katie Hobbs signed SB 1131, which Republicans led through the state legislature. This legislation eliminated the rental tax for Arizona tenants.
According to Arizona Senate Republicans, “There are approximately 70 municipalities within our state charging this tax, while cities and towns continue to collect record revenues. From fiscal years 2019 to 2023, state-shared revenues from both sales and income taxes combined grew $733 million, or 59%. This increase is on top of any sales taxes or property taxes individually levied by each city. Between FY 2024 and FY 2025, those shared revenues are expected to grow by an additional $389 million.”
Senate President Warren Petersen issued the following statement in conjunction with the announcement: “Charging a rental tax is bad tax policy. In fact, Arizona is one of only two states in the nation currently allowing this. While our first attempt at eliminating the tax passed out of the Legislature with solely Republican support and was eventually vetoed by the Governor, we’re grateful our Democrat colleagues came to the table with us and realized the real tangible relief this reform will provide.”
Earlier that session, Hobbs vetoed SB 1063, which would have repealed the food municipal tax across the state.
After the governor’s action against the Republican proposal, Senate Majority Leader Sonny Borrelli said, “This veto is a disgraceful windfall for cities and an absolute gouge for families. We’re not only paying inflated prices to feed our families, but we’re also paying more in taxes as the cost of food rises. Food is not a luxury; it is a necessity. A tax on our groceries is regressive and hurts everyone. Over the next four fiscal years, cities and towns are estimated to receive an average of $2.3 billion per year in state-shared revenues, which is an increase of $844 million more than the average for the last four fiscal years. And yet the governor vetoed this bill, only padding cities’ bloated budgets instead of leaving more money in the wallets of hardworking taxpayers.”
Senator Bolick faces a tough General Election fight in November for her bid to return to the Arizona Legislature for another two years. Arizona Legislative District 2 is one of the most competitive in the state, with a 3.8% vote spread in the past nine statewide elections. It is very winnable for Republicans, however, as the party has emerged victorious in six out of those nine elections.
Daniel Stefanski is a reporter for AZ Free News. You can send him news tips using this link.
