Arizona Doubles Income Tax for Higher Earners

Arizona Doubles Income Tax for Higher Earners

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Proposition 208 aims to nearly double the income tax rate for individuals earning over $250,000 and couples earning over $500,000, reversing years of tax reductions for top earners. The additional revenue will support the education budget. In contrast, Illinois voters rejected a similar tax increase, while Colorado chose a slight tax cut.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the similar tax hike proposal in Illinois?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What decision did Colorado make regarding taxes in relation to Proposition 208?

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