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Extracting funds for K-12
Crandell’s overhaul of school finance plan attracts skepticism and support
It’s a puzzle that has vexed policymakers, education leaders and business groups for decades, but it’s one that Sen. Chester Crandell hopes to solve: How can the state revamp education funding to be both fair and simple?
Time for a break? Some economists want Arizona to slow down on new incentives
Since the recession battered the economy in 2008, the state has dramatically increased the number of incentives it offers to companies that bring new jobs to Arizona. But after three years of tax credits, incentives and other policies aimed at jump-starting Arizona’s economy, some economists are saying the state should stop and take a breather.
Competitiveness package goes into effect Thursday
The Arizona Competitiveness Package goes into effect June 30, and while the business tax cuts that formed its foundation won’t start phasing in until 2014, several provisions will take root immediately.
Revenues collections solid for 10th month in a row
Increases in individual income taxes and a higher-than-anticipated influx of federal funds put May’s revenue collections on solid footing, the Legislature’s budget arm reported.
Revised data show recession hit AZ harder than previous estimates
Revised unemployment data indicate that the national recession hit Arizona’s job market far harder than previously believed, and the sputtering job growth continues to dampen reports of positive growth in other sectors of the economy.
Sponsor says Ariz. flat tax bill dead
The sponsor of a "flat tax" bill to dramatically simplify Arizona's state income tax says the controversial measure is dead for the current session but that he plans to try again next year.
Senate panel OKs bill to flatten state income tax
A "flat tax" bill to rewrite the state individual income tax is nearing the finish line at the Legislature, setting the stage for changes that would have the Arizona's wealthiest taxpayers paying less while nearly nine of every 10 Arizonans pay more.
Valley economists call jobs bill a ‘good start’
A month after Arizona enacted a series of corporate tax cuts aimed at stimulating job growth and turning around the state’s struggling economy, Arizona economists are mixed in their assessment of the law.
Arizona state government revenue up in December
Legislative budget analysts say December provided a measure of good news for the state government's revenue situation, but they say it doesn't necessarily indicate a sustained economic recovery.
Burns says Brewer has to work on tax package
Senate President Bob Burns says the next move on a package of proposed business tax cuts and tax breaks for creating jobs is now up to Gov. Jan Brewer and her staff.
