Revised Rates Would Be Lowest of Any State with an Income Tax, says Tax Foundation analysts. (An Arizona Senate committee has voted for a 'flat tax' . The Senate Finance committee voted 4-2 this week to pass the income tax reform which would eliminate some deductions including those for mortgage interest, charitable donations and those for dependents. The house has already passed a similar version of the bill. Analysis shows nearly nine out of 10 Arizonans would pay higher taxes under the … [Read more...] about Analysis of AZ Income Tax Reform
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