Hello,
The praise keeps coming in for Arizona’s historic income tax reform.

We wanted to share with you the latest from Steve Forbes this week, highlighting Gov. Ducey’s success in reducing personal income taxes to make them flatter and fairer for everyone.
Cutting Income Tax Rates: A Happy Rx For Prosperity—Always
Steve Forbes

While the White House and congressional Democrats are feverishly trying to enact massive, economy-killing tax increases, numerous states are going in the opposite direction by cutting them. These local officials recognize that reducing the tax burden on their citizens will give them more prosperity and the higher revenues that come with better times. Arizona, Ohio, Wisconsin, Oklahoma, Nebraska, Iowa, Montana, Louisiana, Idaho and New Hampshire have all passed reductions in state income taxes.

Ohio has engineered the biggest tax reduction in the Buckeye State’s history, eliminating its two tax brackets over 4%. The first $25,000 of an individual’s income is now tax-exempt. Compare that with California, where one hits the 4% bracket at that income level. Ohio’s law also ensures that people who work from home don’t have to pay taxes to cities where they no longer work.

Particularly impressive is what Arizona’s governor, Doug Ducey, managed against fierce Democratic opposition and some Republican reluctance. After much wrangling with the state legislature, the governor achieved a flat tax rate of 2.5% on incomes up to $250,000 and a rate of 4.5% on those above.
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Team Ducey

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