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Arizona State Taxes
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Report: Raise taxes to balance state budget (The Yuma Sun)
PHOENIX - A group of state university economists, faculty and administrators said Arizona should temporary raise both sales and income taxes and use accounting maneuvers to balance the budget rather than relying largely on spending cuts. Raise taxes, some state academicians say (East Valley Tribune)
A group of state university economists, faculty and administrators say Arizona should temporarily raise both sales and income taxes and use accounting maneuvers to balance the budget rather than relying largely on spending cuts. Study: Federal cigarette tax hike to cut $42 million out of Arizona revenue (The Business Journal of Phoenix)
The 62-cent increase in federal cigarette taxes will take a huge bite out of smokers income and cut into state tax revenue, according to a new study. Legislators talk taxes, education and immigration (12 News Phoenix)
This week on Sunday Square Off we talk taxes, immigration enforcement and education with three people in the know. A poll released this week says most Arizonians favor a temporary sales tax to easy the impact of the state's 3-billion dollar deficit. Arizona's Bioscience Sector Has Substantial Economic Impact, Analysis Says (Business Wire via Yahoo! Finance)
PHOENIX----A new analysis of Arizona's emerging bioscience sector reveals that it has a multibillion-dollar annual economic impact and generates hundreds of millions of dollars in yearly state and local taxes. Americas Watchdog Blasts Homebuilders Who did Not Pay Taxes On Millions Of Undocumented Workers, Who Installed Toxic ... (PRWeb)
Americas Watchdog, its Corporate Whistle Blower Center, & its Homeowners Consumer Center have been investigating national and regional homebuilders using undocumented construction workers, in what the group calls the worst cases of tax fraud in US history. "The national or regional homebuilders forgot to pay any federal or state taxes on over a million undocumented workers, by using a 1099 ... Solar Energy Reps Speak To Lawmakers (FOX 5 Las Vegas)
Solar energy representatives say Nevada lawmakers must preserve and improve current tax abatements to help the state lure solar energy developers away from California and Arizona. Team of experts: Arizona should increase taxes (Casa Grande Dispatch)
PHOENIX - A team of university experts on Thursday urged lawmakers to consider tax increases and sweeping changes to Arizona fiscal policies to tackle the state's current budget crisis and prevent another one. Fitch Rates Arizona State Board of Transportation's $60MM GANs 'AA' (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings assigns an 'AA' rating to $60 million Arizona State Board of Transportation grant anticipation notes , series 2009A, and affirms the other outstanding GAN series at 'AA'. Arizona companies push for tax repeal to be permanent (12 News Phoenix)
Despite Arizona's struggles with its mounting state deficit, business groups have kept up the pressure to permanently repeal a property tax they say would add to one of the highest commercial property-tax burdens in the country.
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