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Transcripts for CNN State of the Union With Jake Tapper and Dana Bash 20240604 13:20:00

because it originates the problem does out of washington, d.c., but we still have to help our citizens here in arizona. the people who are suffering the most i ve learned is the people who are nearing retirement or who are retired. i ve talked to so many of them, and they said, kari, i saved all my life, i did everything right and my retirement savings has shrivelled up a third, i ve lost o third of it since joe biden took office. we ll help in any way we can. that s why i unveiled a plan last week to put a half billion dollars back into the ard working arizonans pockets by getting rid of our rental tax and our tax on groceries in arizona. this is not going to harm the cities. the general fund, we re going to help them for the next five years with the general fund, and we re going to make sure they have enough to get by. this is a growing arizona. people want to move here and our revenues are going up and we have a surplus. we need to handsome of that back over to the hard working

How rental tax Bill will discourage investment in real estate sector

Well, it is that time of the year again when proposed tax amendments bills have been presented and the public have ears on the ground to find out which of the amendments will directly affect.

Deciphering rumblings about rental tax

For individuals with rental income, the gazetted amendment seemed to be good news because the previous cap on the deductible expenses was enlarged

Geo-mapping to help KRA catch landlords who fail to remit taxes

The taxman is in the process of commissioning a block management system which will enable KRA to keep a tab of buildings & payments by landlords

Rental income and tax | Lowvelder

Rental income and tax | Lowvelder
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