AZ HCR2043

Imposes a 1% individual income surtax on Arizona taxpayers' federal adjusted gross income, with revenues directed to the classroom site fund to reduce pupil-teacher ratios to 24:1 or better.

Establishes a $1,000 annual surtax on pass-through business entities (sole proprietorships, partnerships, LLCs, S corporations) allocated proportionally among owners, with revenues directed to reduce tuition at universities and community colleges.

Levies a $1,000 annual corporate income surtax on corporations, with revenues directed to reduce in-state university tuition to $1,500/semester and county resident community college tuition to $500/semester.

Requires the state to reduce all individual and corporate income tax rates by 5% and reduce all tax exemptions, deductions, and credits by 5% until achieving three goals: community college tuition of $500/semester, university tuition of $1,500/semester, and statewide average classroom size of 25 pupils or fewer.

Submits the measure to Arizona voters at the next general election.