Republicans Warn of 'Chaos' for Arizona Taxpayers if Gov. Katie Hobbs Vetoes Tax Bill
4 Articles
4 Articles
Republicans fast-track $1.1B tax cut, governor likely to veto
Key points: Republican lawmakers passing $1.1 billion tax cut Bill fully conforms state tax code to federal House Resolution 1 Republicans claim state has funds to cover anticipated revenue loss House and Senate Republicans fast-tracked a $1.1 billion tax conformity bill along party lines to beat the state’s tax processing start date of Jan. 26, but Democratic legislative leaders are expecting a veto when it gets to Gov. Katie Hobbs’ desk. T…
Arizona tax conformity battle pits GOP's full cuts against Hobbs' partial plan
Photo via Getty ImagesRepublican lawmakers rushed through a bill Thursday aimed at bringing Arizona’s tax codes in line with federal tax law changes created by President Donald Trump’s “One Big Beautiful Bill,” despite a likely veto from Gov. Katie Hobbs. When congressional Republicans passed Trump’s tax cut and spending legislation last year, it came with changes that include a higher standard income deduction and a reduced tax payment on ove…
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