PRESS RELEASE FOR DISTRIBUTION
FROM STOP TAXING OUR PROPERTY (STOP) CAMPAIGN TO DEFEAT THE 2006 PHOENIX BOND ISSUE
To those who are following the Stop Taxing Our Property campaign against the 2006 Phoenix Bond Program:
STOP was misquoted in the paper today.
The quote stated: "Greenspan's political committee doesn't believe the city should sell bonds to investors for city projects. "
The quote did not come from any STOP member and is false.
STOP specifically opposes the 2006 Phoenix bond
program:
-for being poorly designed
-for being fiscally irresponsible
-for its attempt to doubly tax Phoenix citizens for
spending on a state university
-for "mortgaging" the future tax of Phoenix property
owners to give to special interests and non-profits
-for the misrepresentation by the city and pro-bond
organization that the bond will not increase taxes.
This is not the first time the STOP committee has been misquoted by the Arizona Republic.
The way you know for certain that you are on the right side of an issue is when you don't have to mislead people about your position.
The mayor's signs around town read "No new taxes". But we know the city is counting on the avg. 23% property tax increase this year for Phoenix property owners to pay for the bond.
On January 10th, the mayor was quoted as saying, "Don't let anyone shape the discussion that (the bond program) is going to raise taxes. As the mayor of Phoenix, I'm telling you it isn't."
Now, the bond supporters are singing a different tune because it's not hard to figure out - and most people have - that the average property tax increase of 23% that will be used to pay for the bond *IS* more.
For more information on the 2006 Phoenix Bond Issue, please visit http://www.bondtruth.com or contact:
Jeff Greenspan
Chairman
Stop Taxing Our Property
info@bondtruth.com