Tag: income tax
Gov. Doug Ducey signed legislation to permanently index Arizona’s income tax rates to inflation, a top priority he laid out in his first State of the State address. Ducey said...
Bill would shrink income tax if state collects sales tax from online sellers
If federal law gives states the authority to require online retailers to collect state sales taxes, Arizona should reduce the amount of income tax it collects to offset its gains,...
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Ducey’s first tax cut targets ‘hidden’ increase
Brewer pans guv candidates’ plans to scrap income taxes
Sen. Al Melvin, R-SaddleBrooke, addresses attendees at a May 14 gubernatorial candidate forum sponsored by the Arizona Manufacturers Council. Watching him, from left to right, are...
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AZ lawmakers face uphill climb to reform income tax system
Arizona lawmakers, business leaders and economists were reminded Sept. 4 just how daunting a task they face in an attempt to make any changes at all to the state’s income...
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State finishes fiscal year with more money than expected
Arizona is poised to end fiscal 2013 in a better position than anticipated. The state has unexpectedly collected $200 million more than what the fiscal 2014 budget assumed. Preliminary data...
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Arizona cites gains in blocking fraudulent refunds
Arizona’s tax collection agency says it’s getting solid results from efforts to stop fraudulent state income tax refunds from being paid out. The Department of Revenue says it stopped more...
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Arizona could get revenue pickup from ‘fiscal cliff’
Legislative budget analysts say the federal budgetary “fiscal cliff” may have a bright side for the state treasury, at least in the short term. The joint Legislative Budget Committee staff...
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Brewer signs new business tax cuts into law
[caption id="attachment_45527" align="alignleft" width="575" caption="In this Jan. 6, 2012, file photo, Arizona Gov. Jan Brewer speaks at the Arizona Chamber of Commerce and Industry luncheon in Phoenix, prior to the...
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Arizona Senate OKs tax cuts as session nears end
Arizona lawmakers advanced tax cut legislation Thursday as they pushed to end their regular session, despite complaints that they courted danger by moving forward with proposals put on their desks...
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Bill would launch study of state tax system
Arizona legislators may take an in-depth look at the state’s tax system, with an eye toward broadening the sales tax while phasing out the individual and corporate income taxes. A...
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Bills to lower capital gains tax moving forward
Three bills to eliminate or reduce the capital gains tax cleared a House committee today, despite objections from Democrats that a reduction would be too costly for the state. The...