Bloomberg Sues To Avoid Paying Arizona Taxes, Proposes Increase For Others
By Chris King
On Saturday, Democratic Party presidential candidate Michael Bloomberg opened a campaign headquarters and held a small rally in Phoenix. Bloomberg is touting his tax-the-rich plan to across the country targeting Super Tuesday states like Arizona.
The former New York mayor, with a net worth exceeding $59 Billion, unveiled his tax-the-rich plan which would reverse the tax cuts imposed under President Trump and impose an additional 5% tax on those making more than $5 million a year.
While his plan appeals to the progressives he needs to win the Democratic Party’s nomination in Wisconsin later this year, he does not appear to be a fan of paying taxes in Arizona. According to court documents, an Arizona Administrative Law judge found that Bloomberg owed $2,645,263.21 in additional state and local TPT, plus $304,518.86 in interest through December 31, 2016. Bloomberg’s lawyers filed a challenge in Maricopa County Superior Court in August 2019…
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