Arizona: Voters Approve Tax on Rich to Fund Public Schools

Diane Ravitch's blog

#Red4Ed is still producing results in Arizona!

Voters approved a measure to raise the taxes of the wealthiest by 3.5% for the benefit of public schools.

Proposition 208 passed with 52% of the vote. It will produce nearly $1 billion annually for public schools. Fifty percent will be used to raise teachers’ salaries.

The “YES” vote on Prop. 208 will impose a 3.5% income tax surcharge on taxable annual income over $250,000 for single persons or $500,000 for married persons filing jointly.

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