Arizona’s business community and Gov. Doug Ducey support Proposition 132, which would require ballot initiatives that seek to raise taxes to pass with at least 60% of the votes cast.
Under current law, all initiatives – including those that raise taxes – pass with a simple majority.
In arguments for the proposition published by the Secretary of State’s Office, several associations representing job creators argue that passage of Proposition 132 would guard against damage to the Arizona economy and taxpayers.
“Proposition 132 will provide an added degree of protection for Arizona taxpayers regarding future efforts to increase taxes in statewide elections,” Arizona Tax Research Association President Kevin McCarthy said. “Ensuring that future tax increases garner broad public support is good policy and creates needed stability in Arizona’s tax code.”