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Dear Friends,
As
your Arizona State Treasurer, coupled with my 20 plus years of
experience as a businessman and entrepreneur in the private sector,
solving problems
and fixing budgets has been a big part of my career. That is why I am
leading the effort to defeat Proposition 204.
Prop 204 raises our taxes $1 BILLION annually and FOREVER.
This
PERMANENT sales tax increase will give our state the 2nd highest sales
tax rate in the nation. Its passage will delay our economic recovery and
put
Arizona back on the path of fiscal irresponsibility.
This initiative breaks the promise that Arizona’s TEMPORARY
sales tax would not become permanent. It is being deceptively marketed
as essential for education, but carves out 14-different earmarks for
special
interest groups.
How can Arizona compete to
attract and retain jobs with the 2nd highest sales tax rate in the
country? It is simple - if Prop 204 passes in November, Arizona will
lose jobs.
We need REAL education reform -
Prop 204 is not the
answer. Prop 204 does not guarantee that the money will be directed to
the classroom and to the teachers where it is needed the most. It is a
blank
check that will provide more money to the same education funding
formulas that are failing our teachers and our children.
We’ve worked hard through this recession to restore Arizona’s
financial footing. We can not let the special interest groups pass a
California-styled initiative that will prevent us from making the
changes needed
in the future that come with changing circumstances.
Please join me in opposition to Proposition 204 by clicking on the banner above.
Thank you,
Doug Ducey Arizona State
Treasurer Chairman - No New Taxes, No on Prop 204 |
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