Gov. Doug Ducey says a law he signed earlier this year indexing income tax rates for inflation was an important first step to his goal of cutting incomes taxes every year he’s in office.

The Republican governor told hundreds of people attending the Arizona Tax Research Association’s outlook conference Friday that indexing rates prevents a “stealth tax increase” that can hit people when they get a raise.

He vowed to continue making targeted tax cuts in the coming year.

The governor will have cash in the bank for cuts even as he asks voters to approve a new school funding plan in May that mainly uses state land trust cash.

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