Figure 2: Proposed Arizona Tax Brackets for Married Couples Filing Jointly
Taxable Income
Basic Tax Structure
+
Prop 208 Surcharge
=
Total Marginal
Tax Rate
$0 - $500,000
2.5%
0.0%
2.5%
$500,000 - $1,166,666
2.5%
3.5%
6.0%
$1,166,666+
1.0%
3.5%
4.5%