Tucson’s personal loan deduction could cost state $6 million in 2018
TUCSON, Ariz.(AP) A state official says Arizona’s tax deduction for personal loans could cost taxpayers more than $6.4 million in the 2018-19 tax year, including interest payments on personal loans.The Legislative Analyst’s Office says the deduction could raise an estimated $2.4 billion in revenue in 2018-2019.State officials are trying to reduce the number of people…
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