Our panelists tell three stories about someone ignoring all the warning signs while reaching for the stars, one of which is true.
Economist: Proposition 100 was unavoidable, helpful
Three years ago, Arizona voters approved Proposition 100, which raised the state sales tax by a penny on the dollar for three years. Most of the money has been set aside for education, with the rest going to health and public safety. Prop 100 expires at the end of the month, and throughout May, we will be talking about how the temporary tax has affected the state.
Alan Maguire, President and Principal Economist of The Maguire Company in Phoenix and veteran of many state budgets, said the one cent sales tax was unavoidable and did what supporters said it would do.