Governor Doug Ducey signed legislation that further reduces and streamlines taxes while protecting small businesses from the threat of a 77 percent tax increase. “This tax cut will keep Arizona competitive for small businesses already operating here and new businesses flocking here every day,” Governor Ducey said. “After a year as tough as the last,
Budget Plan Reduces Taxes For Every Arizona Taxpayer No Matter Their Income Governor Doug Ducey signed Arizona’s fiscally conservative budget for Fiscal Year 2022, which cuts taxes for all taxpayers while investing in education, transportation, public safety, public health, water security and more key areas that matter to Arizonans. “Today I’m proud to sign a
Not only is Arizona’s economy open — it’s booming. Unlike other states, we never did a lockdown. Arizona focused on personal responsibility and a balanced approach to the pandemic, which resulted in increased economic growth. Our population continues to grow, and the state is attracting employers of various industries. Personal income rose last year at
Even though April 15 has come and gone, Tax Day is finally here. And now, more than three years after the passage of the Tax Cuts and Jobs Act, the vast majority of Americans continue to reap the economic benefits of tax reform. Estimates suggest 90 percent of taxpayers got a break on their taxes. Reduced business
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