In case you missed it, be sure to check out my op-ed in the Arizona Capitol Times in which I argue that Prop 104 is designed to benefit insiders at taxpayers’ expense. In addition to fact that over 90% of the funding goes toward light rail and buses (less than 8% to streets), the initiative is so poorly written that it is essentially a blank check for City Hall.
Phoenix can ill afford this multi-billion dollar tax increase. If Prop 104 passes (nearly doubling the transportation sales tax rate), Phoenix will have one of the highest sales tax rates in the region:
And now, as was reported in the Arizona Republic last week, an array of large companies that stand to financially benefit from the initiative are pouring big money into the YES campaign.
Higher taxes, no accountability, and a poorly drafted plan designed to benefit a few politically connected insiders. That is all you need to know about Prop 104.