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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.

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Electorate’s message: No more stimulus packages

Simply put, the 2010 election results show that the American people (and Arizonans) know that government central planners cannot spend and stimulate our way out of recession and reject the notion that these same government workers are qualified to pick winners and losers in tax policy.

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