Sign In
Free Newsletter
Critics say ACA tax credits to businesses should be fully disclosed
Since the Arizona Commerce Authority officially launched on July 1, it has awarded $17.2 million in incentives to companies moving to or expanding in Arizona. But detailed information is available for less than half of that money.
That’s because $9.3 million has been awarded in the form of tax credits, which are defined in Arizona statute as confidential taxpayer information.
Arizona gets ‘D’ for transparency of business subsidies
Even as Arizona’s politicians are contemplating a slew of tax breaks to attract or retain companies, they might also want to ratchet up their efforts when it comes to disclosing the incentives the state gives to businesses.
Capitol Quotes: Dec. 10, 2010
“This is still Senator Pearce’s baby, no pun intended.” – Rep. John Kavanagh, when asked to comment on Russell Pearce’s birthright-citizenship bill.
