Report Taxes

The Effects of the Obama Tax Plan on Arizona

September 20, 2010 1 min read Download Report

Authors: Matt Mayer and Sheriff Lee Baca

TheObama tax plan would allow portions of the 2001 and 2003 tax cuts to expire, resulting in steep tax hikes beginning in January 2011 for small businesses and those earning $250,000 or more. The tax hikes would significantly affect the economy in Arizona, most notably in the number of jobs and change in personal income.

Among the results, from 2011 to 2020, the state of Arizona would:

Lose, on average, 13,850 jobs annually.
Lose, per household, $5,050 in total disposable personal income.
See total individual income taxes increase by $8.3 billion.

Authors

Matt Mayer

Former Heritage Employee

Sheriff Lee Baca

Heritage Offers

Activate Your 2025 Membership

By activating your membership you'll become part of a committed group of fellow patriots who stand for America's Founding principles.

The Heritage Guide to the Constitution

Receive a clause-by-clause analysis of the Constitution with input from more than 100 scholars and legal experts.

The Heritage Founders' Almanac

Read biographical essays about our Founding Fathers like George Washington, Benjamin Franklin, and John Adams along with insightful analysis of primary sources.

Taxes

COMMENTARY 3 min read

What Made America Great in the Gilded Age

COMMENTARY 2 min read

Why States With No Income Tax Are Winning the Population Battle

BACKGROUNDER 23 min read

If You Tax Them, They Will Run