Investment income is taxable in Arizona. Capital gains are subject to the same 2.5% flat tax rate as ordinary income, but some deductions are allowed. Taxpayers may deduct 25% of any long-term ...

DataPulse Research and BuchhaltungsButler report a significant disparity in state income taxes for middle-class earners, ...

Arizona also has no gift tax. The federal gift tax applies on gifts of more than $14,000 for 2017 and $15,000 for 2018. Federal Estate Tax ...

The states that levy an income tax, but have the lowest rates in the country, are as follows. Five of these states have flat tax structures — Arizona, Indiana, Iowa, Louisiana and Pennsylvania — while ...

Phoenix's residential rental tax rate had been set at 2.3%, while Mesa's tax rate was set at 2%. The tax applies to residential properties that are leased for a period of 30 or more consecutive days.

Over the same period, Arizona attracted a net 483,000 new residents coming from other states, ranking fourth behind Florida ...

WASHINGTON — Arizona’s poor are among the most overtaxed in the nation relative to the state’s better-off taxpayers, according to a recent survey of “tax fairness” in the states. The ...

If Arizona recovered the $1.4 billion in tax revenues, the projected deficit is replaced with sufficient revenue to address critical state needs.

The proposals by Mesnard and Rep. Ben Toma, R-Peoria, to cut rates by 0.11 percent points would reduce overall tax collections by that much. That’s the money Ducey and the Democrats want to keep.

The flat-tax contagion continues to spread. Three states reducing their tax rates – Arizona, Idaho and Mississippi — are also converting from graduated-income tax rates to flat-rate structures.