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GOP proposal calls for tax cuts amid budget crisis
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.
Brewer appoints Colangelo, other business leaders to new council
Gov. Jan Brewer has appointed a new council focused on spurring economic development and growth in Arizona. The Governor's Commerce Advisory Council, comprised of business leaders across the state including former Phoenix Suns and Arizona Diamonbacks owner Jerry Colangelo and Pinnacle West/APS CEO Don Brandt, is scheduled to present its findings and proposed plan during the first quarter of 2010.
Resort developer sued over low-income housing
A developer who wants to build a $600 million luxury hotel in Scottsdale is in a battle with the federal government.
Arizona unemployment rate for May hits 8.2 percent
Arizona's unemployment rate jumped by a half-percentage point in May as nearly all the state's economic sectors recorded job losses and many people left temporary positions in business and government, the Commerce Department reported June 18.
Tracking the recession: Investors buying up new state-issued bonds
State finance officials are uttering a new acronym in this year of TARP (Troubled Asset Relief Program) and ARRA (American Recovery and Reinvestment Act). It’s BAB, short for Build America Bonds, or taxable municipal debt issued by state and local governments that is partially subsidized by the federal government.
Arizona needs to cut capital gains, corporate income taxes
Economic development can mean many things to many people. The Arizona Free Enterprise Club believes economic development means establishing a state tax structure that is pro-growth, maintaining a regulatory system that is delicate and light and ensuring that the role of government in the economy is limited at most. Then let the market sort out the rest.
Low taxes, deregulation not only keys to attracting businesses
The year is 2012. Arizona, in its quest to attract businesses to the state, has cut taxes and decreased regulation. But the flood of corporate investment the state's leaders expected has not come, and the businesses they hoped to attract now reside in places such as North Carolina, Texas and California.
