AZ GOP flat tax proposal will raise average Arizonan's income taxes

June 28, 2009 - 11:54 am

News Feed: Arizona

AZ GOP flat tax proposal will raise average Arizonan's income taxes

By AZ BlueMeanie, Blog for Arizona

Posted by AzBlueMeanie:

The GOP insane clown possee leadership is asserting that their "flat tax" income tax proposal is "revenue neutral." A legislative report predicts that the flat tax will actually result in nearly a half billion dollar reduction in state income taxes in 2012 if enacted. Tax issues stall talks in House on budget

This is how the GOP insane clown posse leadership can avoid the application of the Arizona Constitution Article 9, Section 22, the infamous two-thirds super majority vote requirement for any "net increase" in tax revenue from either raising tax rates or reducing tax exemptions or deductions.

This tax cut is largely due to the loss of tax revenue from upper income earners making more than $150,000 year.

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