The Arizona Competitiveness Package goes into effect June 30, and while the business tax cuts that formed its foundation won’t start phasing in until 2014, several provisions will take root immediately.Read More »
Tag Archives: taxFeed Subscription
Increases in individual income taxes and a higher-than-anticipated influx of federal funds put May’s revenue collections on solid footing, the Legislature’s budget arm reported.Read More »
Legislative budget analysts say preliminary revenue reports for May show the state could wipe out the bulk of its red ink in the current fiscal year.Read More »
After two hours of discussion among Gov. Jan Brewer and members of the Arizona Commerce Authority on how to boost economic development in Arizona, Rep. Tom Forese delivered a surprisingly candid admonition of the governor.Read More »
With a mere third of the House of Representatives being Democrats, Minority Leader Chad Campbell knew it was going to be an uphill battle trying to put a dent in the Republicans’ agenda this past session.
Predictably, the Democrats couldn’t get their proposals for tax reforms into the budget, nor could they stop a torrent of conservative legislation. But Campbell said that they did manage to get some of their goals accomplished, even if it was just keeping the public eye on the Legislature.
Pointing out that Arizona faces a revenue cliff when a temporary sales tax increase expires in two years, Senate President Russell Pearce said any extra money the state collects won’t be used to restore cuts or be spent on new programs.Read More »
Legislative budget analysts see good news in a preliminary figures from Arizona's April tax collections.Read More »
Lawmakers may not have to return to the Capitol this year after all.
Gov. Jan Brewer told the Arizona Capitol Times that she had no specific plans for special session and played down the possibility of calling legislators back, just weeks after she first said she was considering the idea for her state employee personnel reform plan.
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 »
School choice advocates managed to beat the sine die clock to revive a proposal to expand the school tuition tax credit program, but even scaling down its potential fiscal hit wasn’t enough to persuade the governor that it wouldn’t negatively impact the state’s coffers.Read More »