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Build Back Better Raises Taxes on Businesses and the Wealthy But Will Hurt Everyone Else

December 16, 2021

Heading into the holidays, Americans are facing soaring energy prices, sky-high inflation and a costly scheme from Washington, D.C. – Democrat politicians in our nation’s capital want to increase taxes on Arizonans and all Americans by nearly $2 trillion over the next 10 years, while hiking spending even more.

D.C.’s lurch leftward stands in stark contrast to the 13 states that cut their income tax rates this year. Arizona is leading the pack, reducing the state income tax to a flat rate of 2.5%, the lowest flat tax rate in the country. 

Contrast Arizona’s action with the Democrats in Arizona’s House delegation, all of whom voted for the federal high-tax grab. But this astronomical tax increase is not a done deal. If either Sen. Kyrsten Sinema or Sen. Mark Kelly votes no, this threat to our economy will be stopped dead in its tracks. 

Read the rest of the op-ed at The Arizona Republic.

Victor Riches is the President and CEO of the Goldwater Institute.

Grover Norquist is the Founder and President of Americans for Tax Reform and a Board Member for the Goldwater Institute.

 

 

 

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