Stories tagged: "taxes"


headshots of Arte Moreno, Bob Parsons, Joe Shoen, and Ernie Garcia III over top 100 dollar bills
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.

little girl smiling at cashier at grocery store checkout
Advocates Praise Expanded Child Tax Credit for Helping Arizona Families Make Ends Meet

More than $352 million in expanded Child Tax Credit payments were given to Arizona families last month, averaging $444 per household.

Jemal Countess/Getty Images for Community Change
Here’s What to Know About the Child Tax Credit Money That Parents Started Receiving This Week

Arizona families with children could start to see hundreds of dollars in extra monthly payments in their bank accounts or mailboxes later this week.

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.
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.

Arizona Legislature
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/The Copper Courier
Seeing Red: Bill Would Cut Voter-Approved Education Funds, School Supporters Say

“This is about the kids and making sure that they have the brightest future possible.” The teacher’s group that spearheaded Proposition 208, which increases some taxes to hire teachers and bolster teacher salaries, this week returned to the political battlefield to fight a bill it says undermines the will of Arizona voters in November. Education...

Joe Biden posing for photo with supporters at a rally
How Biden’s Tax Plan Would Help Middle-Class Arizonans

The average annual income of the top 1% of Arizona earners is over $880,000, while it’s only $42,000 for the rest of the state’s population.