By Howard Fischer | Capitol Media Services/Arizona Daily Sun
With the state potentially sitting on $1 billion in cash, Gov. Doug Ducey put down his marker Friday to use some of that to cut income taxes.
In a speech to the Arizona Tax Research Association, Ducey boasted of signing legislation earlier this year, which indexed the state’s income tax brackets. The net effect was to ensure that someone whose salary increased no faster than inflation was not bumped into a higher tax bracket.
But that said he’s not done.
