By Robert Robb | Arizona Republic
This is what is most important to understand about Proposition 208, the Invest in Ed initiative: It constitutes a gigantic gamble with Arizona’s economy.
The measure would increase the top individual income tax rate in Arizona from 4.5% to 8%.
Arizona’s current maximum rate of 4.5% is not a low-tax outlier. In fact, it is in the mainstream of our region and the country.