Republican Flat Tax Feeds Economic Inequality in #AZ (video)

flat tax

Governor Doug Ducey and Arizona Republicans are promoting a 2.5% flat tax on personal income and have included it in the budget package, currently under negotiation in the Arizona Legislature. They are also proposing that income over $250,000 for individuals and $500,000 for couples be taxed at 1%. Usually excess profits are taxed at a higher rate, not at a lower rate, but, hey, this is Arizona.

You’ll remember that in 2020 the voters approved Prop 208 Invest in Education. With this citizens initiative, the voters created a 3.5% fee on personal income over $250,000 for individuals and $500,000 for couples. The Republican tax plan will eliminate the Prop 208 “burden” on Arizona’s 1%. Who will pay the difference? You will.

Rather than requiring Arizona’s richest 30,000 residents pay their fair share of public education costs, the state is giving them a tax break, and the state is going to pay the bill for them. In the news, Rep. David Cook called the Flat Tax “unfair” because everyone will pay taxes, but the state will “backfill” the cost and help out “high-earners” (ie, Arizona’s richest residents).

Other states have tried flat taxes and they have broken the budget. It will not only hurt the states budget, but it will hurt the cities and towns also. The Republican budget is a nonstarter. Except for the 30,000 millionaires and billionaires who will benefit from Republican largesse, it is bad for Arizona.

The Flat Tax — along with all of the other tax breaks in the Republican budget — will fuel greater economic inequality in Arizona. Read the details of the Flat Tax plan here: Arizona budget plan would massively cut tax collections, create flat income tax rate.

Continue reading Republican Flat Tax Feeds Economic Inequality in #AZ (video)

#RedForEd: Don’t Get Mad. Get Even on Nov 6 (video)

Red for Ed

Are you upset that the Outlaw Dirty Money and Invest In Ed Citizens Initiatives were tossed off of the November ballot by right-wing, activist judges? Many constituents have asked me what they can do about it. Here are three suggestions: vote NO on Prop 126, Prop 305 and Prop 306, and here’s why.

Along with hundreds of Arizonans, my volunteers and I carried petitions through the summer heat to get the Outlaw Dirty Money and Invest In Ed on the ballot. I’m upset that the Arizona Supreme Court tossed both of these initiatives off the ballot– despite their obvious popularity with the voters and despite the gargantuan signature drives that were mounted by the people. The only people who declined to sign these two petitions when I asked them were people who had already signed.

Outlaw Dirty Money was an attempt to bring more transparency to campaign finance laws. Invest In Ed would have raised the income tax on Arizona’s richest residents to pay for stable funding for public education. If you believe in these ideas– campaign finance transparency, getting big money out of politics, sustainable funding for public education, stopping the tax giveaways, and stopping school vouchers– there are three important “no” votes you can make on Nov. 6– No on Prop 126, No on Prop 305 and No on Prop 306.

Continue reading #RedForEd: Don’t Get Mad. Get Even on Nov 6 (video)