Sen. Leach speaks to national organization of state legislators
Senator Vince Leach has returned to his district after attending the 46th Annual Meeting of the American Legislative Exchange Council (ALEC) in Austin, Texas. Senator Leach serves on the Executive Committee for ALEC's Tax & Fiscal Policy Task Force. He spoke to the group about Arizona's successful tax conformity plan in the 2019 legislative session.
After major federal tax reform in late 2017, Arizona faced a challenge. Because the State's tax base was broadened, and rates were not changed, Arizona taxpayers were looking at a 4.4% tax increase. Through months of negotiations, the Legislature and the Governor resolved the problem by both paying off State debt and returning money to Arizona taxpayers with significant and permanent tax reform.
Senator Leach explained to the group how this was achieved, along with details of the tax reform plan.
ALEC is America's largest nonpartisan, voluntary membership organization of state legislators dedicated to the principals of limited government, free markets and federalism.