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Arizona Governor Pushes Relief for Business, Low-Income Families

Jan. 14, 2022, 11:15 PM

Arizona Gov. Doug Ducey is proposing expanded incentives to lure businesses and a new tax credit to help low-income families in a spending plan released Friday.

The Republican governor’s executive budget proposal includes:

  • setting aside $58 million investment earmarked to attract businesses and boost the state’s business tax climate ranking by the Tax Foundation, and
  • creating a 5% state earned income tax credit for low-income families that would cost the state $74 million.

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