AZ House Passes Legislation Further Targeting Prop 208 School Funding
The Republican-controlled House has passed more legislation targeting Proposition 208, a voter-approved initiative to increase school funding.
They voted Friday to create a new tax category for small business, trusts and estates that will eliminate even more of the money the measure was designed to raise for schools. The proposal passed despite unified opposition from minority Democrats. On Thursday, the House passed budget bills slashing $1.9 billion in income taxes that mainly benefits upper-income taxpayers. They also shielded them from a new 3.5% tax on high earners approved by voters.