Vans Trading Co. has been around since 1946, but it’s only in the last decade that customers at the Tuba City general store have yelled at the cashiers after they get their receipts.Read More »
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An influential tax policy group will seek to put a measure on the ballot to limit growth in property values.
The Arizona Tax Research Association wants taxable property values to grow by no more than 5 percent each year.
The Greater Phoenix Economic Council is rebooting its signature bill from the 2011 legislative session with some substantial changes that may help it avoid another veto.
The GPEC-drafted proposal, obtained by the Arizona Capitol Times, contains familiar benefits for businesses: A huge property tax break for companies that make major investments, and a tax break for Arizona-based companies that provide services to out-of-state customers.
Former Interior Secretary Bruce Babbitt is blasting as "radical" a Republican proposal to open up more than 50 million acres of public lands to logging and other development.Read More »
A 1992 Supreme Court decision ruled that online and mail-order retailers do not have to charge consumers sales tax if the company did not have a presence in the consumer’s state, opening the debate about what exactly constitutes a “presence.” A warehouse? A storefront?Read More »
After policymakers borrowed heavily to keep government afloat amid a festering fiscal crisis that blew holes in the state’s budget for four years, a former Senate president tried to put into place a mechanism to rein in politicians’ appetite for debt-financing.Read More »
Every circus has its sideshows. And this year, the state Capitol was crawling with them.
For the first time in more than a decade, lawmakers wrapped up their work in 100 days. And they did so in spite of distractions that came in the form of a roadside fracas that cost a Republican leader his post, a college football scandal that ensnared more than a dozen elected officials and a tragic shooting days before the session began that cast a pall over the entire process.
Fiscally conservative Republicans won the argument when the governor agreed to forego borrowing and other budget gimmicks to help shore up the state’s sagging revenues, and the budget-slashing proposal was also a vindication for legislators who saw themselves as lone voices in the wilderness, warning for many years that politicians’ appetite for spending would one day come back to haunt them.
But a bigger, perhaps more critical fight looms.
A plan viewed by supporters as a second jobs bill cleared another legislative hurdle, but a provision expanding tax credits for new jobs might have to wait until next year.Read More »
The delicate balancing act involved in changing Arizona’s property tax structure will leave some homeowners paying higher property taxes.Read More »