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Phoenix Considers Sales Tax Hike to Address Budget Shortfall

Phoenix is considering a 0.5% sales tax increase to address an estimated $85 million budget shortfall in 2026, stemming from state-level tax changes. This increase would raise the city’s sales tax to 2.8%, generating needed revenue but also adding to consumer costs, with varying public opinions on its necessity.

Source: abc15.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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