Its surprising how much you can accomplish if you don't care who gets the credit
Statement by Councilman Sal DiCiccio, who opposed tax increase, says small businesses and seniors will be hit the hardest. The vote was the closest vote in city history and shows fiscal irresponsibility of the tax increase.
"This was nothing more than a money grab by Phoenix Politicians who refuse to practice basic fiscal responsibility and accountability."
Phoenix has the highest revenue in history and a $60 million budget surplus.
"Small businesses and seniors on fixed incomes will be hurt the most by this new tax."
Arizona Tax Research Association published a report opposing this tax and estimated the cost to the small business owners may jump approximately $630 more per year.
The power and control advocacy groups that DEMAND more of our "spendable income" for themselves and their social justice agendas, MUST BE THROWN out to the curbside to fend for themselves ... just as we have to do it before the Police Department shows up!! Big spending liberals don't want to understand the "kitchen table economics" that most of us are forced to, and required to .... live with ... thanks to them who have made us their serfs and servants.
In another article, it was reported that the Phoenix voters passed this, not just a 5 to 4 council vote. Confusing.
I'm just guessing here but the voters passed a $30B bond issue for lite rail and now the city is raising their taxes for an enormous amount to pay off that bond. Most people don't realize when they vote for these big bond issues, they will be paying for them. Wonder where they think the money comes from because cities only get money from taxpayers. They don't run for profit corporations.
This sounds so much like what the Federal Reserve has done to the citizenry ... it prints the Treasury Bonds ... then they buy the bonds WITH OUR future taxes .... then prints more cash to be paid back with "interest" to the Federal Reserve who printed the bonds in the first place. It's called "monetizing the debt" !!!! Look it up. It's all P O N Z I scheme. Read this from 1971: https://defendingfreespeech.files.wordpress.com/2011/07/none-dare-c...
Read the ink on the Dollar bill ... its all paid for by the serfs and pawns ... with "a future debt".