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Backers of wealth tax to fund Arizona kick off effort

Posted at 2:41 PM, Feb 17, 2020
and last updated 2020-02-17 16:41:13-05

PHOENIX - Hundreds of teachers and education advocates who support a proposal to raise taxes on wealthy Arizonans to boost school funding gathered at the Capitol on Monday.

The Invest in Education Act is backed by Arizona's teachers union and progressive groups and would raise an estimated $940 million a year for schools.

The initiative was refiled Friday after what proponents say were relatively minor changes prompted by a Legislative Council review.

Backers need to collect nearly 238,000 valid signatures by July 2 to put the question on the November ballot. Republican Gov. Doug Ducey has vowed no new taxes on his watch.