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Proposed curb on punitive damage suits — economic development tool or bad for consumers?

Big business and consumer-rights advocates are squaring off over a bill that would significantly limit the ability of people to sue a manufacturer whose products might pose risks to the public. The legislation would shield manufacturers from punitive damage claims — the most aggressive legal recourse allowed against manufacturers — unless very specific negligence can be demonstrated.

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Film tax credit gets OK from Senate (access required)

A proposal to create a new tax credit for film productions split Republicans but managed to garner just enough support to pass today in the Senate. The debate over measure, which still needs the House’s approval, illuminates a deep divide that is plaguing the majority party over how best to set the conditions for a robust economy.

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Ducey says keys to economy are simplified tax code, getting government out of the way (access required)

Doug Ducey brought 13 years of experience running a business in the private sector, including time as CEO of Cold Stone Creamery, to his post as Arizona state treasurer. Now, as he and his staff are responsible for managing the state’s $11.4 billion portfolio of taxpayer money on a daily basis, he shares what the state is — and is not — doing effectively in recovering from the Great Recession.

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Arizona collects $744K from online sales tax law

Arizona has collected $744,000 in taxes for online purchases in the first three months of the year just by adding a line to state income tax forms. But the new use-tax declaration line is set to go away if the Senate passes a bill approved by the House on Thursday and Gov. Jan Brewer signs it into law.

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Amazon tax deal in limbo

A group of Arizona retailers called on Gov. Jan Brewer this week to support legislation that would tax their online competitors, but the lawmaker trying to help broker the deal says the future of the “Amazon bill” is still unclear. The so-called brick-and-mortar retailers want online companies that have a physical presence in the state to be taxed at the same level they are.

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