Taxes & Fees | Common Sense Institute Arizona

Give and Your Economy Shall Receive: Economic Growth From Arizona’s Charitable Tax Credit

Nov 2, 2023

Arizona’s Charitable Tax Credit has provided tangible benefits to both the charities and the state’s economy.

Accelerating Arizona’s New Tax Structure: Economic Impacts of Implementing the 2.50% Flat Tax in 2023

Sep 29, 2022

In April, the Common Sense Institute (CSI) released its economic simulation of the long-run impacts of moving from an 8.00% progressive income tax structure to a 2.50% flat income tax in Arizona. That analysis found the state would have 58,800 more workers and add $11.9 billion to its economy by 2032 due to this change.

Arizona’s New Tax Structure

Apr 25, 2022

Common Sense Institute (CSI) used the REMI dynamic economic simulation model PI+, to estimate the combined 10-year effects of repealing the 8.00% progressive state income tax and replacing it with a single, flat 2.50% income tax.

HB 2822 & The Taxation of Business Personal Property

Apr 19, 2022

CSI analyzes the impacts of HB 2822 which lowers and simplifies the tax burden on new capital investments by businesses in Arizona. In the process, the return-on-investment for a given asset rises, and the equilibrium level of investment will increase.