Report: Overspending, not flat tax, causes AZ budget woes

Overspending, Not Flat Tax, Causes AZ Budget Woes

By Zachery Schmidt Arizona’s budget shortfall is not being caused by its 2.5% flat tax but rather by its overspending, a new report from The Common Sense Institute says. The state is facing a $1.6 billion budget deficit through Fiscal Year 2025. The deficit exists despite revenues growing by $3.3 billion in Arizona since the Legislature passed the flat...

Report: Overspending, not flat tax, causes AZ budget woes

(The Center Square) - Arizona’s budget shortfall is not being caused by its 2.5% flat tax but rather by its overspending, a new report from The Common Sense Institute says.