Governor Ducey denies Trump tax cuts, vetoes Conformity Bill

[TexasTowelie]

PHOENIX — In spite of nearly unanimous support from Republicans in the state legislature, Governor Doug Ducey vetoed SB1143, the Tax Conformity bill that would have ensured that Arizonans did not pay higher state taxes as a result of the Trump tax cuts at the federal level.

The windfall taxpayers received at the federal level created increased tax liabilities at the state level. Lawmakers worked since last year to pass legislation to ensure that Arizona taxpayers would avoid a $150-200 million tax hike, to compensate for lost revenue.

But Ducey wanted the money captured and placed into the state’s rainy day fund and has insisted that it was not a tax increase, merely a windfall that the state should set aside for later.

No matter who ultimately claims the high ground in the debate, the fact is that by vetoing the bill passed by the legislature, the governor has ensured that taxpayers will pay $150 to $200 million in increased taxes this year.

Read more: https://arizonadailyindependent.com/2019/02/01/governor-ducey-denies-trump-tax-cuts-vetoes-conformity-bill/

[ProudMNDemocrat]

1. Arizona has no State Income Taxes......

When taxes at the Federal level are cut, the states suffer because there are LESS monies going to the States.

States with no State Income Taxes either have to make up revenue by raising Sales or Property Taxes, which affect the poor and Middle Class workers. Snow Birds make up for some of the loss when they make purchases in the state when they visit.

[forest4qt]

2. AZ Income Tax

Arizona DOES have state income tax. I know bc I pay them.

[ProudMNDemocrat]

3. I stand corrected...

Last when I was in Arizona, there was no such thing. But then that was 1983. Things may have changed.