Tag Archives: Accounting

Lawmakers, group want to hand big tax break to businesses (access required)

Businesses planning on purchasing new machinery in 2013 or later may get some tax relief under a referendum at the state Legislature. HCR 2009, sponsored by Rep. Jack Harper, R-Surprise, and developed by the Arizona chapter of the National Federation of Independent Businesses would exempt the first $2.4 million of new equipment or machinery purchased after 2013 from the business personal property tax. Currently, the exemption is $68,079.

Read More »

Mills’ camp says Prop. 100 not a Brewer victory

Mills' consultant Camilla Strongin said she wasn't surprised at all to see the sales tax increase sail to an easy victory - and added Brewer's near constant urging for the measure will come back to haunt the governor in the GOP primary. "I think it clearly solidifies her credentials as a tax-hike governor," she said. Strongin attributed the election night blowout to the total lack of an opposition campaign and a combination of "misinformation and scare tactics."

Read More »