Gov. Jan Brewer has vetoed a bill to create a property tax break for businesses that qualify by making new investments and creating jobs.Read More »
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Despite objections from fiscally conservative legislators, the Senate approved on Monday a measure that would allow businesses that meet certain requirements to pay a lower property tax.Read More »
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 ink is barely dry on Arizona Competitiveness Package, but business groups and Republican lawmakers have at least one more batch of economic incentives they hope to push through the Legislature this session.Read More »
The delicate balancing act involved in changing Arizona’s property tax structure will leave some homeowners paying higher property taxes.Read More »
When the property-tax cuts in the jobs bill go into effect, the financial safety net school districts use may get significantly thinner. And the property tax cuts will be especially problematic for districts that already have reached or exceeded their bonding limits.Read More »
The annual futility of efforts either to abolish Arizona’s tax on business equipment and machinery or to increase the exemption has not deterred the many critics of the tax. This year’s version, HCR 2006, takes a novel approach to formulating ...Read More »
Portions of interviews with this week's newsmakers. This week with Doug Quelland, Rodney Glassman., Rep. Andy Tobin, Sen. David Shapira, and Gov. Jan Brewer.Read More »
Reducing taxes is attractive for those who pay and the GOP plan is good for business, bad for homeowners. Conceptually, it is very simple however: property tax revenue results from assessed valuations multiplied by tax rates.
The problem is the government spends money and then expects taxpayers to pay, similar to a spendthrift college student with a parent’s credit card.
Republican lawmakers and the governor are moving ahead with a tax-reduction plan they say would enable Arizona to attract more businesses and jobs to the state, even though the likely result would be a heavier tax burden for homeowners.Read More »