Tax Foundation
Recent News About Tax Foundation
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Top marginal tax rate in Arizona could reach 53.84% under Biden plan
Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Arizona could hit 53.84 percent, according to a new analysis by the Tax Foundation.
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Arizona depends on property taxes for 29.6% of its state, local funds
Arizona relies on property taxes for 29.6 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.
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Arizona places tax of 16 cents per gallon on beer
State taxation on beer in Arizona amounts to 16 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.
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Arizona collects 84 cents per gallon in wine taxes
The wine excise tax in Arizona amounts to 84 cents per gallon, according to a Tax Foundation study based on January 2019 data.
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From Business Daily
Income taxes make up 16% of total state, local levies in Arizona, study finds
State income tax revenues in Arizona represent 16 percent of its total state and local levies, according to a new study by the Tax Foundation.
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From Business Daily
Arizona pension plans are 62% funded, study finds
The funded ratio of the Arizona public pension plans stands at 62%, according to a new analysis from the Tax Foundation based on fiscal-year 2017 data.
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From Business Daily
Arizona ranks 43rd highest on distilled spirits taxes
The state distilled spirits excise taxes in Arizona ranked 43rd in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.