By Howard Fischer Capitol Media Services via Arizona Daily Star
Don’t look for the Republican-controlled Legislature to vote this coming year — or in the near future — to eliminate the state income tax.
Incoming House Speaker J.D. Mesnard said Friday he wants to focus on creating a single-rate income tax, collapsing the current system of five tax brackets into one. But it would not technically be a “flat tax” because Mesnard proposes to have sufficient tax credits to ensure that those at the bottom of the income scale do not end up paying more.
Steve Yarbrough, in line to be Senate president, has a different agenda. In fact, he actually likes the idea that Arizona has an income tax.
