President Joe Biden vowed he wouldn’t negotiate with Republicans on raising the debt ceiling, demanding a clean bill without cuts to spending. As it turns out, President Joe Biden will negotiate with terrorists. Read more»
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The wide array of U.S. nonprofits includes many media outlets, chambers of commerce and political parties, but the IRS also granted tax-exempt status to extremists, including an Oath Keepers foundation – here’s why that’s not as surprising as it sounds.
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Arizona’s original film tax credit was created in 2005 but shut down in 2010, after the state spent $6.3 million more in credits in 2008 than it generated in new taxes, but a new bill aims to ensure new film production tax credits benefit the state. Read more»
The Arizona Legislature is taking another extended break, this time for four weeks, ostensibly to allow lawmakers time to shore up their work on various projects, the fourth extended break of at least a week since the legislative session began in January. Read more»
Arizona is short more than 200,000 homes to match demand and lawmakers think they can fix that by gutting local zoning regulations, a strategy that has drawn heated opposition from cities across the state. Read more»
"Unfortunately, just as America’s largest working generation begins to retire, the United States faces the frightening reality that Social Security and Medicare are running out of money, and Washington is running out of time to fix it." — State Sen. Sally Ann Gonzales Read more»
After nearly $1.5 billion in sales in 2022, Arizona’s cannabis market continues to be robust in the first months of 2023, driven by a growing recreational market, with the medical marijuana market remaining in a freefall. Read more»
Tribal gaming in Arizona is setting records through the first quarter of 2023, and the third quarter of fiscal year 2023 produced $27,607,589 for the Arizona Benefits Fund, a 19.9% increase from the same quarter in 2022, with contributions are closing in on $2 billion since 2004. Read more»
The tax deadline has been pushed back to April 18 this year, giving those leaving it to the last minute a few extra days - but why is Tax Day in April anyway? Read more»
The Internal Revenue Service on Thursday detailed its plan to spend $80 billion in additional funding approved last year, including increasing its “focus on segments of taxpayers with complex issues and complex returns where audit rates are minimal today." Read more»
New rules are going to make sure the Internal Revenue Service gets more information about payments made to apps often used for informal work - and gig workers making at least $600 a year with a side hustle through an online platform should be on the lookout for a 1099-K. Read more»
The Tucson city staff has some ideas to recoup the $10 million necessary to keep Sun Tran buses free. One of them is a parking levy. Local Republicans are not happy about it. Plus, Marana tackles AirBnbS, and more in local government meetings this week.
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Construction is underway in Glendale on an affordable housing complex funded in part by a state low-income housing tax credit that allows people to come on at any income level sponsored below 60 percent of the median and only pay 30 percent of their rent. Read more»
An Arizona Republican priority bill that sought to eliminate municipal food taxes was shot down by Gov. Katie Hobbs, who vetoed it Tuesday, siding with cities across the state that opposed the measure. Read more»
Arizona Attorney General Kris Mayes joined nearly two dozen other states last week in defending the Deferred Action for Childhood Arrivals program on behalf of more than 30,000 Arizonans DACA recipients. Read more»
The expanded child tax credit that families received in 2021 helped reduce child poverty across the country, but particularly in the South where families lack a sufficient safety net, according to a report that comes as some Democrats appear ready to attempt to revive the credit. Read more»