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Massive Arizona income tax cut going into full effect

Por: Associated Press Business September 30, 2022

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PHOENIX (AP) — A massive Arizona income tax cut that mainly benefits the wealthy championed by GOP Gov. Doug Ducey and enacted by Republicans who control the state Legislature in 2021 will go into full effect ahead of schedule next year, Ducey’s office announced Thursday.The plan will save taxpayers about $1.9 billion next year , although the vast majority of those cuts go to high-earning Arizonans. The cuts started at $1.5 billion this tax... + full article



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