Graydon Holt

Stories by Graydon Holt

By Graydon Holt | November 4, 2012 | 0 Comments

The permanent sales tax rate increase under Proposition 204 defies logic by imposing a tax hike in the midst of the worst economic recovery in decades.  Proposition 204 would mandate a permanent one-cent increase in the state sales tax rate. At 6.6 percent, along with county and local sales taxes, Arizona would have the second highest sales tax rate in the nation.

Arizona took a serious hit following the crash of 2008. Unemployment topped 10 percent.   Home foreclosures soared.  Businesses …

By Graydon Holt | November 4, 2012 | 0 Comments
Arizona Elected Officials

Proposition 204 opponents have formed an unprecedented coalition of leaders throughout Arizona that has exposed the fatal flaws in the measure and rallied voters to defeat the initiative.

The coalition has based its opposition to Proposition 204 on three key arguments:

The proposition would impose a permanent one-cent increase in the state sales tax rate that would hurt families and business. It would give Arizona the second highest sales rate in the nation.

The proposition gives no assurance that $1 billion more for …

By Graydon Holt | November 3, 2012 | 0 Comments

In the final week remaining until Election Day, the Arizona business community is firmly united in opposition to Proposition 204.  Voters should pay close attention to business leaders concerned about a sales tax increase that will make Arizona less competitive in the effort to create jobs and recover from the recession.

Led by the Arizona Chamber of Commerce and Industry, leaders from every sector of business have come together in an unprecedented effort to warn Arizona taxpayers.  The coalition against Proposition …

By Graydon Holt | November 3, 2012 | 0 Comments

Arizona voters will not be fooled by the phony fight created by Proposition 204 supporters that pits the state legislature against children in the classroom.

Proposition 204 supporters say the taxpayers’ elected representatives cannot be trusted with education spending. These officials, they claim, will misuse public funds and shortchange the schools, depriving children of a proper education.

Their answer is a clever scheme that takes education spending out of the hands of the legislature. Instead, Proposition 204 takes $1 billion a year …

By Graydon Holt | November 2, 2012 | 0 Comments
Arizona Elected Officials

Arizona voters should heed the warning of Craig Barrett, a business and education leader who opposes Proposition 204 for the measure’s failure to back education reform and its misguided increase in the state’s sales tax.

Barrett is the former Chairman of Intel Corporation, one of Arizona’s top ten employers.  He is a graduate and former faculty member of Stanford University. He is a longtime advocate of education reform.

Barrett knows business and education. He knows Arizona.

“Prop 204 throws …

By Graydon Holt | November 1, 2012 | 0 Comments
Arizona Elected Officials

Mayors and City Council Members throughout Arizona have joined the campaign to defeat Proposition 204.

These elected officials closest to the taxpayer know the pitfalls and false promises of Proposition 204 that will raise taxes and fund education bureaucrats instead of children in the classroom.

Proposition 204 would impose a one-cent permanent increase in the state sales tax rate. It would generate $1 billion in funds for education that would be spent by self-appointed education experts instead of the state legislature.

From Prescott …

By Graydon Holt | October 31, 2012 | 0 Comments

Arizona taxpayers should be outraged that the only accounting for $1 billion a year in education spending under Proposition 204 is an audit once every five years.

The education elite that concocted the Proposition 204 scheme are asking taxpayers to fork over $1 billion a year with only a promise of an accounting audit once every five years. In other words, give them the money and stand by for an accounting of how the money is spent.

Imagine a candidate for governor or …

By Graydon Holt | October 30, 2012 | 0 Comments

Taxpayers need to unite with concerned parents and teachers to oppose the misguided Proposition 204 that ignores calls for education reform and supports the wasteful status quo.

Throwing an additional $1 billion a year at education under Proposition 204 will not produce better test scores, cut the number of dropouts, or improve graduation rates. It will feed the education bureaucracy and delay the day of reckoning when only real education reform will improve performance in the classroom.

Proposition 204 was written by …

By Graydon Holt | October 29, 2012 | 1 Comment

The education elites behind the Proposition 204 initiative are trying to sell the story that Arizona does not spend enough money on education. This is a myth.

What they really mean is that they don’t like the elected officials given the authority to spend the taxpayers’ money. Their collective temper tantrum is aimed at the governor and state legislators charged with funding education in the context of the entire state budget.

Arizona spends over half of its total state budget on education. …

By Graydon Holt | October 28, 2012 | 0 Comments

One of the most outlandish aspects of the Proposition 204 power grab is the permanent increase in the state sales tax rate. It is a poison pill that should sink the initiative on Election Day.

No tax rate should be permanent. Elected officials should always have the authority to set tax rates to meet changing economic conditions and the will of the taxpayers.

The one-cent increase would give Arizona the second highest sales tax in the nation, a sure fire way to …