- Associated Press - Monday, January 12, 2015

PHOENIX (AP) - Arizona Gov. Doug Ducey is vowing not to delay corporate tax cuts passed by previous legislatures despite a massive budget deficit.

Ducey also called for income tax brackets to be automatically adjusted for inflation. He says that prevents an automatic tax increase if someone gets a raise that just keeps up with inflation but pushes them into a higher bracket.

Former Jan Brewer vetoed a bill making the annual inflation adjustment in 2013 because of its long-term effect on state revenue. Instead, she signed a one-time adjustment.

Ducey rejected delaying the tax cuts in Monday’s state of the state address. He says they were designed to put more life in the economy and businesses have planned for them.

The cuts were passed during the recession and are being phased in.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide