Ads from the conservative Club for Growth targeting nine vulnerable Democrats and one Republican in the House distort the impact of the Biden plan on taxpayers, warning that the plan “could cost your family” thousands or even tens of thousands of dollars. It could, but it probably won’t. Read more»
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Six Arizona mayors were among hundreds who urged Congress to pass a $1.9 trillion pandemic-relief bill that includes $350 billion in aid for state and local governments. Read more»
Thousands of dollars started arriving in Arizonans’ bank accounts this week as the first payments from the massive coronavirus relief package began to be distributed in the form of expanded unemployment benefits and direct stimulus payments. Read more»
In her campaign speeches, Sen. Elizabeth Warren likes to say, “I’ve got a plan for that.” She has lots of plans, but there is one on which many of the others hinge: her plan for an “Ultra-Millionaire Tax,” an annual wealth tax on all assets over $50 million. Read more»
Tuba City residents continue to pay the highest combined sales taxes in the nation, even after the Arizona state sales tax dropped this year, according to a new report. Read more» 1
Almost half of Arizona’s general revenues came from federal funds in fiscal 2011, the third-highest share in the nation, according to a recent report from the Tax Foundation. 45.7 percent of Arizona’s general revenue came from federal aid, lower than only Mississippi and Louisiana, and well above the national average of 36 percent. Read more»
The Tax Foundation reported this week that the average combined sales tax in Arizona at the start of this year – adding up state, county, city and tribal taxes – was 9.12 percent, second only to Tennessee’s average rate of 9.45 percent. Read more»