higher taxes

State

Arizona small business community opposes Proposition 208 income tax increase

Arizona’s leading advocates for the small business community are strongly opposing Proposition 208, an initiative to raise the state’s top individual income tax rate by 77.7%. If the measure passes, they say, it could mean lasting damage to the backbone of the Arizona economy and severely hobble post-pandemic recovery efforts.   Most small businesses typically are organized as pass-through entities,

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