Howard Fischer PHOENIX — It’s taken four decades, Saudi cows munching on alfalfa grown with Arizona water and national headlines about whether Arizona is finally drying up.But state lawmakers appear to finally be ready to update the 1980 Groundwater Act to plug the holes it left — even as Gov. Katie Hobbs considers a recommendation from her…
A year ago, Arizona had a budget surplus of $1.8 billion. Now, it has a shortfall of about $400 million for the current fiscal year. PHOENIX — Democratic Gov. Katie Hobbs and the Republican-controlled Arizona Legislature return to the state Capitol on Monday with a nearly $1 billion problem on their hands. Less than six…
The following is the opinion and analysis of the writer: Steven G. Zylstra What a year it’s been for the state of Arizona. Our economy is transforming in a way many would have thought unimaginable just a few years ago, and it’s thanks in large part to the Inflation Reduction Act and the Bipartisan Infrastructure…
Howard Fischer PHOENIX — Arizona’s two top Republican lawmakers asked a judge Wednesday to block implementation of a 2022 voter-approved law designed to guarantee that people know who is trying to influence elections through spending.House Speaker Ben Toma and Senate President Warren Petersen’s attorney, Brett Johnson, argued that Proposition 211 is an infringement on the Legislature’s constitutional…
Arizona is one of 26 states that cut income taxes within the past few years, and a new report says that the Grand Canyon State’s cuts could shrink the state’s operating budget by more than 10%, possibly necessitating cuts to vital services like education. The report warns that the impact of the tax cuts that…
Dylan RobertsDylan Roberts/Courtesy photo Last week, the governor called the legislature back for a special session to address property taxes. After meeting for four days, we passed several bills that will help reduce the increase in property taxes and set up a process to find a bipartisan long-term solution to the rise in property taxes…
What if a taxpayer could take his or her tax dollar, turn it into 10 dollars … What a remarkable woman Biased Arizona Supreme Court justice recuses self, but draconian abortion law still looms Want … See the full article on Arizona tax laws, or, read more Arizona real estate investing news. It’s your call!
After being renovicted from my home of 31 years early in COVID, I became a property owner. I am grateful to be protected from further renoviction, but most of my renter friends have since suffered the same fate. And there is no end in sight. Due in part to the grotesquely inappropriately named “Tenant Protection…
Arizona state tax: OverviewArizona has a flat income tax. Property taxes and taxes on gas in the Grand Canyon State are also on the low end. Arizona doesn’t have an estate or inheritance tax, either.Sales taxes are above average in Arizona compared to those in other states. The average combined (state and local) Arizona sales…
Arizona has begun sending out rebate payments of up to $750 for eligible taxpayers as part of a program GOP lawmakers included in this year’s state budget, Gov. Katie Hobbs announced Tuesday.Hobbs also revealed a beefed-up Department of Revenue website that answers detailed questions about who is eligible for the one-time government payback and allows…