Fair Taxes and a Strong Economy
An economy that works for all, not just the few
Our economy is rigged in favor of the wealthy and the well-connected. While the rich benefit from tax loopholes written by lobbyists, the rest of us are struggling to get by.
Enough.
In office, Oscar has fight against income and wealth inequality and worked to ensure the wealthy and corporations pay their fair share.
Here are some highlights of my plan:
- Make Corporations Pay Their Fair Share: A decade ago, state legislators made the biggest cut to the corporate tax rate in Arizona history, dropping the corporate tax rate from 6.9% to 4.9%. In office, I would fight to return the state corporate income tax rate to 7%, which would produce more than $80 million in annual revenue—money we could invest in education and other critical services.
- Crack Down on Corporate Tax Cheats: Doug Ducey cut the number of corporate tax auditors—whom Arizona depends on to catch and prosecute corporate tax cheats. I would crack down on corporate tax cheats by introducing legislation to increase the number of corporate tax auditors. Researchers find that for every dollar we spend on auditing, we get back $10 in collections, giving us tens of millions of dollars to invest in our communities.
The wealthy have stacked the deck against working people. I'm fighting back.
