Vote No on Proposition 100 - Real Estate Sales Tax in Phoenix AZ
November 2, 2008
Several weeks ago, I wrote an Op-Ed article about , Arizona Proposition 100, known by its supporters as the Protect Our Homes Act, will be on the November 4, 2008 ballot .
I encouraged Phoenix AZ real estate owners to Vote Yes on proposition 100 that, in essence , would 
‘prohibits the government from charging any new tax on the sale or transfer of real property in Arizona“
However, after receive some harsh criticism for my ‘biased’ opinion, I though it only fair that I play devil (no pun intended) advocate and outline the reasons to Vote No on Proposition 100.
Voting “NO” on Propostion 100 would ensure the ability (if necessary) to tax real estate.
- A real estate sales or transfer tax would provide revenue for Arizona to get through tough economic times.
- According to Andrew Morrill, Vice President of the Arizona Education Association, the current economic downturn has caused the state a $2.2 Billion deficit.
- A stronger tax base means a stronger economy.
- A stronger economy means higher-quality public schools, health care, information systems, public roadways and better law enforcement.
- We have low state and sales tax compared to the rest of the Country. A real estate sales tax would provided badly need revenue while keeping Arizona taxpayers under the national average.
- Voting No would lift the protection of the wealthy real estate corporations and wealthy special interests and add a small tax that could provide towards special needs.
- Untie the hands of policy makers should we need additional revenue for major economic expansion in Arizona
To read the opposing viewpoint, you can visit www.protectourhomes.com and www.NoNewTaxes.com for more information.
Phoenix AZ real estate owners and Scottsdale Real estate owners ,…..
Vote No on Proposition 100 in November.
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Copyright © James Wexler * Vote No on Proposition 100 - Real Estate Property Taxes in Phoenix AZ *
Contact James Wexler (480) 221-8080 for your Phoenix AZ| Scottsdale AZ Real Estate needs
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