PHOENIX (August 19, 2021) – Arizona Chamber of Commerce & Industry President and CEO Danny Seiden released the following statement regarding the state Supreme Court’s decision on the fate of Proposition 208:
“We are gratified that the Arizona Supreme Court affirmed that out-of-state special interest groups can’t make an end-run around our state constitution through passage of a regular statute – they’d have to instead amend the Arizona Constitution, which the proponents failed to do. We look forward to the trial court determining whether the new taxes in Proposition 208 will exceed the constitution’s expenditure limits.
“We strongly opposed Proposition 208 for several reasons, including its negative impact on small businesses. Thankfully, the state Legislature and Gov. Doug Ducey in June adopted a wise tax reform that will keep our tax code competitive, position the Arizona economy for future growth and spare the state’s small businesses from the backbreaking taxes that would have resulted from Proposition 208 had they not acted.
“As we have done for years, the Arizona Chamber of Commerce & Industry will continue to work with lawmakers of both parties to advance policies that direct new resources to K-12 education, encouraging wise fiscal management of our kids’ education funding, while driving outstanding outcomes and quality choices.”
