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 »
Gov. Jan Brewer is looking to build on last year’s tax cuts with a handful of changes aimed at fixing “problem areas” in the state’s tax code.
Michael Hunter, Brewer’s lobbyist, outlined the changes the governor wants to make at an Arizona Commerce Authority Board meeting on Wednesday.
Republican lawmakers unveiled a plan to change Arizona's economic course, calling for major shifts in tax policy - including tax cuts - and creation of tools to lure high-wage businesses to the state.Read More »
Well, at least one state legislator finally got it right. Sen. John Nelson, a Republican from Litchfield Park, commenting on coping with the state budget debacle, was quoted in the Arizona Capitol Times saying, "It's almost like playing poker and not playing with a full deck."Read More »