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the programs for question 2 include medicaid, corrections, economic securities, education, and the University of Arizona please only answer the 3 questions Suppose there would

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the programs for question 2 include medicaid, corrections, economic securities, education, and the University of Arizona
please only answer the 3 questions
image text in transcribed
Suppose there would be an initiative on the ballot in Arizona in next November's election to do two things: state personal income tax should be eliminated in Arizona, and state legislature cannot raise additional taxes to replace the lost revenue without voter approval. 1) What this means to the state tax revenue system, both the impact on the overall size, and more importantly the vertical equity issue of tax system as a whole; 2) What this means to the programs provided by the Arizona state government, particularly with regard to each program's funding structure (you need to address specifically all the programs listed above and cite budget figures for supporting evidence. For budget figures, use those for Fiscal Year 2022.); 3) How this might affect local government finance in Arizona (be specific) and how they will respond; and 4) How this will affect Arizona citizens, from both the revenue and program perspectives. 1) What this means to the state tax revenue system, both the impact on the overall size, and more importantly the vertical equity issue of tax system as a whole; 2) How this might affect local government finance in Arizona (be specific) and how they will respond; and 3 How this will affect Arizona citizens, from both the revenue and program perspectives. Suppose there would be an initiative on the ballot in Arizona in next November's election to do two things: state personal income tax should be eliminated in Arizona, and state legislature cannot raise additional taxes to replace the lost revenue without voter approval. 1) What this means to the state tax revenue system, both the impact on the overall size, and more importantly the vertical equity issue of tax system as a whole; 2) What this means to the programs provided by the Arizona state government, particularly with regard to each program's funding structure (you need to address specifically all the programs listed above and cite budget figures for supporting evidence. For budget figures, use those for Fiscal Year 2022.); 3) How this might affect local government finance in Arizona (be specific) and how they will respond; and 4) How this will affect Arizona citizens, from both the revenue and program perspectives. 1) What this means to the state tax revenue system, both the impact on the overall size, and more importantly the vertical equity issue of tax system as a whole; 2) How this might affect local government finance in Arizona (be specific) and how they will respond; and 3 How this will affect Arizona citizens, from both the revenue and program perspectives

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