Stories tagged: "Prop 208"

Economy (Photo by Gage Skidmore)
Economy Special Legislative Session Looms to Replace Huge Arizona Tax Cuts

Talks among Republican lawmakers who want to sidestep a voter referendum that has blocked the nearly $2 billion income tax they passed last year are heating up.

Associated Press Associated Press March 18, 2022 2:50 pm MST
Education AP Photo/Ross D. Franklin
Education Judge Blocks Voter-Approved Tax Hike That Would Have Raised Millions for Arizona Public Schools

A Maricopa County Superior Court judge has struck down a voter-approved tax hike on the state’s wealthiest residents that would have raised millions for Arizona schools.

Lorraine Longhi Lorraine Longhi March 11, 2022 4:22 pm MST
Arizona headshots of Arte Moreno, Bob Parsons, Joe Shoen, and Ernie Garcia III over top 100 dollar bills
Arizona Workers Lost Income Over the Pandemic While Arizona Billionaires’ Wealth Soared to New Heights

Arizona’s 11 billionaires saw their collective wealth more than double over the last 17 months, accumulating a combined $35.4 billion.

Lorraine Longhi Lorraine Longhi October 8, 2021 2:23 pm MST
Arizona close up of a crowd of Red for Ed protesters
Arizona Arizona Supreme Court Delivers Win for Prop 208—But It May Be Brief

The ruling said if the lower court decides that the spending limit is exceeded, it must declare Proposition 208 unconstitutional and void it entirely.

Associated Press Associated Press August 19, 2021 2:09 pm MST
Economy Governor Doug Ducey speaking with attendees at the 2019 Annual Awards Luncheon hosted by the Arizona Chamber of Commerce & Industry at the JW Marriott Scottsdale Camelback Inn & Resort in Scottsdale, Arizona.
Economy Cities and Towns Could Lose Millions in Revenue If Ducey’s Flat Tax Comes to Pass

The proposed tax cut would result in about a $1.5 billion reduction in tax revenues next year – revenues that local governments are heavily reliant on.

Alyssa Marksz Alyssa Marksz June 8, 2021 9:46 am MST

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Education Arizona Legislature
Education Arizona Lawmaker Says Voter-Approved Tax to Fund Education Is ‘Mob Rule’

Prop 208 adds a tax on the state's top income-earners to fund public schools. It's expected to bring in nearly $1 billion of new revenue annually.

Lorraine Longhi Lorraine Longhi June 1, 2021 12:22 pm MST
Education AP Photo/Matt York
Education Arizona Supreme Court Questions Legality of Voter-Approved Tax That Would Give Millions to Schools

The Invest in Education Act is expected to raise more than $800 million a year in new taxes for education. The Arizona Supreme Court cast doubt Tuesday on whether hundreds of millions of dollars in new taxes collected under a voter initiative enacted in November can be legally spent when a provision of the state...

Bob Christie April 21, 2021 12:27 pm MST