Arizona Gov. Doug Ducey Announces Lowest Tax Rate in the Nation Going into Effect Next Year

Gov. Doug Ducey (R) announced Thursday that Arizona’s surging economy had paved the way for a historic flat income tax rate to come a year in advance.

“It’s no secret Arizona’s economy is booming. Over the last eight years, we’ve made responsible decisions to live within our means, reduce burdensome government regulations, lower taxes every year and ensure our state remains a great place to live,” Ducey said in a letter to the Arizona Department of Revenue (ADR). “It’s time to deliver lasting tax relief to Arizona families and small businesses so they can keep more of their hard-earned money.”

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Arizona Supreme Court Upholds Prop. 208, Won’t Allow It to Break Education Spending Limit

Arizona’s high court didn’t strike down a voter-approved tax increase on the wealthy, but it’s not going to let the influx of new revenue break a constitutional cap on education spending, either.

The Arizona Supreme Court remanded Fann vs. Invest in Education back to a trial court Thursday morning, saying it’s too early to say whether the ballot initiative is entirely unconstitutional.

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