Pending tax cuts scrutinized as debt rises
Three factors have consistently been cited as big contributors to the estimated $1 billion deficit the state will face in fiscal year 2016 and some lawmakers are urging action on the one they actually control — tax cuts from a three year-old economic stimulus bill.
Legislation will inject $425 million into economy for growth-stage businesses
During the past few years, Arizona has done more than any state to position itself for strong economic growth once the national economy recovers. In particular, the broad-based tax reforms and new economic development tools contained in last year’s competitiveness package laid a strong foundation on which to grow the state’s economy.
Year in Review: 2011 was a tumultuous political year, starting with tragedy in Tucson
Nobody would call 2011 a dull year for Arizona politics. The soap opera fans got Sen. Scott Bundgaard’s side-of-the-road scuffle, the conspiracy theorists had their hands full with the Independent Redistricting Commission, and those who delight in schadenfreude watched the fall of Senate President Russell Pearce.