Governor Ducey includes big tax cut in his 2021-2022 budget, some say it's too drastic
With money to spend, Gov. Ducey is proposing 1.2 billion dollars in income tax cuts through 2024, after announcing his budget plan Friday.
and last updated 2021-01-16 07:16:29-05
PHOENIX â When the legislature shut down in the spring, there were fears Arizonaâs budget deficit would exceed a billion dollars by July 2021. Itâs not going to happen. In fact, the state is expecting a $351 million surplus.
âThis is probably one of the budgets I felt most comfortable starting out with,â State Representative Regina Cobb (R) Kingman District 5 said. Cobb is the Chair of the House Appropriations Committee. âWeâre still going to have a lot of negotiating going forward but I feel very comfortable where itâs starting at.â