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Voters in November approved a marginal income tax increase on the wealthiest Arizonans to fund public schools that have been in desperate need of more resources for decades. So, it should come as no surprise that Gov. Ducey and GOP legislators — who all opposed the Invest in Education Act, known as Proposition 208 — are looking to undercut the will of the voters by pushing massive new income tax cuts.
The devil, as always, will be in the details. The governor’s staff last week said they want a “broad-based” tax cut that will affect most Arizonans. But what that means — and how equitably any tax-cut proposal will be — remains to be seen. My guess is that there will be minimal tax cuts for middle-income Arizonans, and the vast majority will go to the top 5% of earners in the state: In other words, the very same people who are facing a small tax increase because of Prop. 208.
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