Arizona Republicans recently gave the state’s wealthiest a major tax cut. Now, their national counterparts want to raise taxes for everyone else.
The rise in complaints led to an announcement that the three credit agencies would remove nearly 70% of medical debt from consumer credit reports this summer.
Arizona’s 11 billionaires saw their collective wealth more than double over the last 17 months, accumulating a combined $35.4 billion.
The proposal would make cost consumers an estimated $40 to $50 billion per year and could kick up to seven million Latinos out of the credit system.
A typical house in Phoenix is valued at nearly $370,000. Ten years ago, that number was was just $109,000.
The funds are part of an $8 billion pandemic relief package promised to the Tribes in late March, and were supposed to be distributed by April 26.
Arizona Republicans received fewer donations than Democrats for the first time in more than 20 years.
Get exclusive Arizona stories & news right in your inbox