Signing a petition DID matter! Enough people signed the petition that contested the catastrophic flat tax passed by the Legislature to put the issue on the 2022 ballot. To make clear why this tax would be catastrophic, this is what would happen if it became law:
- It would reduce state revenue by $1.9 billion by introducing a “so-called” flat tax that gives the wealthiest Arizonans a $350,000 tax break.
- It would disproportionately benefit the wealthy. Nearly 3/4 of residents will see less than $50 and 1/2 will only receive $17 (according to AZ Cap Times).
- A 2/3 majority of the Legislature would be required to reverse the flat tax, meaning this change is all but permanent.