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News & Press: Arizona Business News Updates

Three ballot initiatives that directly impact all Arizona businesses

Wednesday, September 19, 2012   (0 Comments)
Posted by: Arizona Small Business Association
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Jerry Bustamante

Jerry Bustamante,
Sr. VP, Public Policy + Southern Arizona Region, ASBA

The 2012 Election Season in Arizona has now kicked into high gear following last week's Primary Election and then Labor Day weekend. Expect an increase in political television commercials and radio spots as the infusion of cash from the national parties begin their efforts to influence Arizona voters.

 

This is no ordinary election season - a Presidential election year always increases voter turnout. For this reason, it is very important that pro-business voters not stand on the sidelines as spectators, but get out there and vote.

 

Elections have consequences and much is at stake, including three ballot initiatives on the November ballot.

 

ASBA has studied all of the ballot initiatives and would like to share with you our position on three that directly impact all Arizona businesses.

 

 

 

 

Proposition 116
Property Tax Exemptions: Support
 
A favorable tax environment and investments in business are primary ingredients that lead to job creation. The passage of Proposition 116 will reduce the tax burden that is currently placed on Arizona businesses when they invest in equipment and machinery by exempting the value of equipment and machinery equal up to the wages of 50 Arizona workers. Proposition 116 is a step in the right direction to improving Arizona's competitiveness and a fair measure that will help Arizona businesses keep more of what they make, improving their bottom line.


 
 
Proposition 117
Property Tax Assessed Valuation: Support
 
Arizona property owners experienced significant swings in their tax bills as the real estate bubble sent shock waves across our state. A complicated tax structure that allows such dramatic swings from one year to the next has a direct impact on all Arizona businesses. Proposition 117 would cap the annual increase in the value of real property used to calculate property taxes to 5% of the value of the previous year.


 
 
 
Proposition 204
Quality Education and Jobs Initiative: Oppose
 
One of ASBA's five legislative priorities is supporting education by backing good public policy that improves the effectiveness of Arizona teachers and schools. We cannot however, support education through poor public policy, and that is just what Proposition 204 is. Its proposed permanent increase in our state's sales tax will impact everyone and fails to increase standards and accountability to improve the performance of Arizona schools and teachers.

Although the Arizona Small Business Association does not endorse candidates, we do produce a scorecard with a voting record on how members of the Arizona Legislature voted with us. Please keep in mind that ASBA is a non-partisan business organization and is 100% privately funded. We support the party of business and legislation that benefits Arizona businesses.
 
Download our 2012 Legislative Scorecard and see how members of the 2012 Arizona Legislature voted in relation to where we stand.

Research has shown that employers are viewed by their employees as a credible source of election information and welcome their feedback. I invite you to visit the Arizona Prosperity Project at azprosperity.org to learn more about the top issues facing Arizona businesses and explore the available resources. One of the resources is the EZ Voter Registration and Thursday, October 11 is the deadline to register to vote in the November General Election.

Encourage your employees to register to vote if they have not done so already. I also encourage you to discuss with your staff the potential impact that election outcomes could have on your business. This dialogue is totally acceptable because business and politics do mix nicely; we're not talking religion here. Finally, encourage your employees to find out which candidates are running for public office in their district by visiting the Prosperity Project and to be informed voters.

 

 

Jerry Bustamante

Sr. VP, Public Policy + Southern Arizona Region

Arizona Small Business Association


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