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Arizona Does Rebates. (Badly)

BobKamman
Level 15

Better late than never.  Trying to keep up with California's program last year.  Has anyone else noticed, now California is dealing with a $31 billion budget deficit?  For those who don't keep up with Arizona politics, we have a Republican legislature and a Democratic governor.  So, the compromise state budget has the worst of both worlds.  

https://tucson.com/news/state-and-regional/govt-and-politics/heres-what-to-know-about-taxpayer-rebat... 

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4 Comments 4
IRonMaN
Level 15

What a small world.  The tax guy they mentioned in the article has the same name as you.  What are the odds of that happening? 😉


Slava Ukraini!
qbteachmt
Level 15

Montana is doing operations badly, so that it can do rebates well. A $1B surplus, even after dropping income tax rates, will be refunded via income and property tax rebates. It's easy to do; just stop funding essential functions.

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ERMNUSA1957
Level 2

 MN has a $20 billion surplus so the Democrats (who have a trifecta over House/Senate/Gov) will likely not rebate a dime and will keep Social Security taxes in place for seniors..as well as raise $5 billion in new taxes over the next biennium. 

And if they do rebate any $, it's not going to those who actually created the surplus. They get nothing. 

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IRonMaN
Level 15

But you and your $3 million trust are leaving Mn so why would you care?


Slava Ukraini!