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- Tax a threat to
Arizona's fiscal health
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- By Kevin McCarthy
- The Arizona Republic
- Con
Nov. 4, 2002
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- Proposition 303, which would increase cigarette
taxes by 60 cents a pack, is being promoted as a shot in the arm to
the state treasury, but it is more likely another hazard to the
state's fiscal health.
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- Proposition 303 continues what is becoming a
disturbing and familiar practice in Arizona: ballot-box budgeting.
Determining state budget priorities at the ballot box, as opposed to
the Legislature's appropriation process, has become so accepted that
now even the Legislature and governor participate.
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- The passage of the Voter Protection Act in 1998
placed strict limits on the Legislature's ability to make changes to
voter-approved measures. As a result, statutory initiatives, for all
practical purposes, rise to the level of constitutional amendments.
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- Ironically, at the same time the Legislature offers
voters the opportunity to earmark more revenue outside the
appropriations process, resolving the current budget crisis is
complicated by the lack of budget flexibility caused by previous
initiatives.
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- Ballot-box budgeting overrides the Legislature's
primary responsibility and handcuffs its ability to respond to
changing demands on the state. Furthermore, by circumventing the
annual appropriations process, the earmarked revenues and the
programs they fund escape periodic legislative scrutiny so important
to maintain accountability for the spending of taxpayer dollars.
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- The Legislature cooperated in referring a tobacco
tax increase to the ballot because many viewed it as providing
much-needed relief to a state budget hemorrhaging red ink. However,
in their desire for short-term budget relief, the Legislature gave
little consideration to the long-term effect of the huge tax
increase on future tobacco tax collections.
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- Dramatic increases in tobacco taxes are sold to
voters as necessary to fund numerous government programs and
simultaneously to discourage people from consuming tobacco products.
It is a fact that as tax rates increase on tobacco products, tax
collections decrease. But that does not necessarily mean a reduction
in tobacco consumption.
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- Since the first full year of implementation of the
voter approved 40-cent cigarette increase in 1994, annual tobacco
collections have declined $13.2 million, a 7.7 percent decrease.
Over and above the current rate of decline in revenue, the Joint
Legislative Budget Committee, or JLBC, estimates that Proposition
303 drives down existing revenues an additional $19.9 million from
fiscal 2003 to 2005.
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- The JLBC fiscal estimate of the impact of 303 on
the price elasticity of demand for cigarettes was based on previous
consumer behavior; however, their analysis probably underestimates
the impact of such a large increase in price on taxable sales. The
savings now provided on the Internet are dramatic and a switch to
online purchases would not only avoid the new 60-cent increase but
the existing 58 cents in state taxes as well.
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- In a recent article in Governing Magazine,
Alan Ehrenhalt questioned both the sincerity and fiscal wisdom of
states increasing their addiction to tobacco taxes:
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- "There are times when so-called 'sin taxes'
are treated mostly as a fiscal proposition, others when they are
portrayed largely in moral terms. . . . If government's main goal is
to make money off of tobacco and alcohol, it needs to have people
drink and smoke more, not less."
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- Until this state's citizens and political
leadership recognize the long-term fiscal hazards associated with
ballot-box budgeting, Arizona's fiscal health will continue to have
a very poor prognosis.
Kevin McCarthy is president of the Arizona Tax
Research Association. |
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