By Ricardo Cano | Arizona Republic
An Arizona Supreme Court ruling Wednesday knocked the Invest In Education income-tax measure off the November ballot.
According to the ruling, the measure is off because its description “did not accurately represent the increased tax burden on the affected classes of taxpayers.”
The Invest In Education measure, recently titled Proposition 207, was expected to bring in $690 million in additional funding for Arizona public district and charter schools.
It proposed to raise income-tax rates by 3.46 percentage points to 8 percent on individuals who earn more than $250,000 or households that earn more than $500,000. It also would have risen individual rates by 4.46 percentage points to 9 percent for individuals who earn more than $500,000 and households that earn more than $1 million.
Representatives with the Prop. 207 campaign could not be immediately reached for comment.
