Opinion: Arizona cities will complain about lost revenue, but these unfair taxes are a burden on residents. Fellow lawmakers must help me reduce them.
Buy Warren Petersen opinion contributor || The Arizona Republic
Arizonans need relief from rising housing and food prices. Here’s how lawmakers like me can help.
As the holiday season sets into motion a barrage of spending on gifts, festivities and travel, many hardworking citizens within Arizona are finding themselves struggling to pay for basic necessities in the face of crippling inflation.
Despite hopes from analysts that inflation is cooling, the Consumer Price Index is still up more than 7% nationally for the year, and metro Phoenix is worse at 12%. That means putting food on the table, filling up the gas tank, making rent and paying bills is even more challenging for those living paycheck to paycheck.
At the same time, government has collected a record amount of revenue. When comparing fiscal year 2019 to fiscal 2022, General Fund revenue for Arizona has increased by 48% – a whopping $5.64 billion!