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Key lawmakers scaling back tax cut measure to avoid veto
An ambitious economic development bill meant to be a follow-up to the 2011 Arizona Competitiveness Package will jettison some of its more contentious provisions due to the Ninth Floor’s concerns that it will cost too much money.
But lawmakers and business groups pushing the bill say they’re optimistic that an agreement will be reached with Gov. Jan Brewer to cut state taxes on capital g[...]
Bill to phase out capital gains taxes advances, but questions remain
An economic development bill championed by Rep. J.D. Mesnard and House Speaker Andy Tobin passed the Senate Appropriations Committee with unanimous GOP support, but several Republicans said they had concerns about the measure and even the bill’s sponsor said it’s likely to undergo changes.
