There's a major change to the way Arizona taxes are collected starting in 2023
Economist Dennis Hoffman explains how the new flat tax rate will impact Arizona taxpayers.
In this article published Jan. 2, 2023, on KJZZ Phoenix:
For lower income taxpayers this is a modest tax reduction, very slight tax reduction. For middle income taxpayers, it’s a little bit more of a tax reduction, but not a huge deal. But for our high income taxpayers, it’s a 40-45% tax reduction.
– Dennis Hoffman, director of the L. William Seidman Institute and director of ASU’s Office of the University Economist
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