Last year, 4,279 individuals renounced their U.S. citizenship or terminated their long-term U.S. residency, according to the Treasury Department. This figure is up by 25.3 percent from 2014, when 3,415 individuals...
- The Tax Policy Blog
- Arizona Votes Today on Sales Tax Increase
Arizona Votes Today on Sales Tax Increase
Arizona voters go to the polls today to decide Proposition 100, which will raise the state's sales tax by one percentage point for three years.
Arizona's combined 7.92% sales tax is the 9th highest now, and if the rate goes up a point, it will become the 3rd highest. That'd be behind only Tennessee, which has no wage tax, and California, not a state to emulate for fiscal policy.
And although is true that Arizona is a relatively low-tax state, they are middle-of-the-road on business tax climate.
Click on the image for larger size version of the "State Business Tax Climate Index" map. Click here for the map in printer-friendly or alternative formats (PDF, TIFF).
More on sales taxes here.
More on Arizona here.
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