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Judge upholds most major provisions of Proposition 208 education tax; Arizona Supreme Court yet to rule msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Voters approved the measure in November by a 52% to 48% margin. The law would create a new top state income tax rate of 8% for individuals making more than $250,000 in reportable income or couples making more than $500,000. The current top rate is 4.5% for people making more than $159,000 or couples making more than $318,000. The ballot measure stipulated that half of the estimated $1 billion raised annually would go to school districts and charter schools to hire teachers and classroom support staff or to provide raises for those workers. About 25% of the money would provide student support services, 10% would provide mentoring and retention programs for classroom teachers, 12% would provide career and technical education and other services and 3% would go to the Arizona Teachers Academy Fund to train new teachers. ....