Thursday, January 31st, 2008...2:28 pm

I Don’t Get It Because I’m a Dumb Liberal

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At the outset of the current budget fight, I posted that Russell Pearce’s budget proposals included an upper income tax cut as well as a property tax cut of a quarter of a billion dollars. I was mistaken, I was confused when a contact gave me some information and didn’t understand that the “upper income tax cut” that the contact refered to was one and the same as the property tax cut. I’ll be careful to have a supply of Q-Tips handy before I take a call from this guy again.

The Burns-Pearce proposal is an extension of a temporary suspension of the Equalization Tax that is applied to Arizona property owners. Under the Orwellian rhetoric adopted by supply-siders, not extending this tax break is being called a “tax increase.” Even better, Pearce and company now are terming this idea a “stimulus,” because that’s very hip this week. Given how little your average Arizona family will get out of this (some estimates say about nine bucks a month), it seems to have all the stimulative effect of a cold shot of Pepto-Bismol.

But, Pearce and his allies have said that this is beyond negotiation. Why fight so hard for something that won’t save average Arizonans all that much? Well, take a look at who the top beneficiaries are in the state, and how much money each will save:

  1. Arizona Public Service Co - $5,816,752
  2. Freeport Mines & Environmental Technology (fka: Phelps Dodge) - $3,013,553
  3. Salt River Project - $2,818,073
  4. Qwest Corporation/Qwest Communications Corp - $2,070,928
  5. Unisource Energy - $1,508,800
  6. Southwest Gas Corporation - $1,049,101
  7. Westcor - $657,716
  8. Southern California Edison - $600,579
  9. Banner Health - $577,096
  10. El Paso Natural Gas Co - $566,651
  11. El Paso Electric Co - 508,713
  12. Asarco Mines & Environmenal Techechnology - $497,448
  13. Target Corporation - $379,360
  14. Discovery Health System -$378,747
  15. Safeway Inc. - $373,203
  16. Wal-Mart Stores Inc. - $363,374
  17. Panda Gila River, LP - $354,438
  18. Mesquite Power LLC - $351,459
  19. BNSF Railway Company - $341,381
  20. Tri-State Gneration & Transmission - $317,285

So, the way to help the Arizona economy is to shovel millions to out of state investors and folks that are doing well anyway? Yeah, makes a heck of a lot of sense.

1 Comment

  • Russell Pearce is as dumb as a stump. Specifically, as dumb as the little stump that used to be his finger on his right hand that was - supposedly - shot off.

    He’s a dumb person who is controlled by, and is a puppet of, the big money interests in Arizona. He ostensibly “represents” a middle to lower income class of people in Mesa. But he’s really a stooge to the out-of-state corporate interests at the Capitol.

    Russell Pearce is surprisingly - even for the Republicans at the Capitol - arrogant, considering his lack of education and obviously low IQ level and reading comprehension.

    I was once lectured to by that rube on constitutional law…and I am a civil rights lawyer. Russell Pearce thinks he knows everything about everything. Normally, he thinks he’s an expert on constitutional law. Now, apparently he thinks he’s an economist.

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