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ECONOMY
Three House Members Urge IRS To Save Arizona Families From Additional Taxation
By Elizabeth Troutman | Two House Republicans and one Democrat from Arizona wrote to IRS Commissioner Daniel Werfel asking the agency to reconsider its decision to subject the Arizona Families Tax Rebate Program to federal income taxation. Representatives David...
Sen. Gowan’s Bill Targets Organized Retail Crime
By Daniel Stefanski | The Arizona Legislature continues to work on solutions to crack down on organized retail theft across the state. Last week, the Arizona Senate overwhelmingly passed SB 1411 with a 22-4 vote (with four members not voting). The bill would “require...
These Four Arizona Cities Have Least Financial Distress
By Elizabeth Troutman | Four Arizona cities made it onto a list of America’s least financially distressed cities. Last month, WalletHub released the results of their comparison of the 100 largest cities without data limitations across nine key metrics. The...
Illegal Immigrant Children Released Into Arizona In 2023 Would Cost $10 Million To Educate
By Corinne Murdock | There were over 800 illegal immigrant children released to sponsors in Arizona in the last fiscal year, which would result in an estimated cost of over $10 million to educate them. This estimate comes from Joint Legislative Budget Committee...
Arizona Senate Passes Cheaper Gas Bill
By Daniel Stefanski | Arizona legislative Republicans are working to lower gas prices for Arizonans at the pump. Last week, the Arizona Senate approved SB 1064, sponsored by Senator Justine Wadsack, which “adds gasoline fuel reformulation options for all gasoline sold...
Tempe Residents In Top 10 Cities For Most Credit Card Owners
By Elizabeth Troutman | Residents of Tempe, Arizona, own the sixth most credit cards of any city in the nation, according to personal-finance website WalletHub. The city with the largest number of credit card owners was Port St. Lucie, Florida, followed by Nashua,...
Arizona Saw Tenth Biggest Increase In Auto Loan Debt
By Elizabeth Troutman | Arizona was the state with the tenth biggest increase in auto loan debt from Quarter three to four in 2023, according to WalletHub. The personal-finance website recently released its report on the States Where Auto Loan Debt Is Increasing...
Arizona Remains One Of The Best States To Start A Business
By Daniel Stefanski | The Grand Canyon State is one of the best in the country for starting a business. According to a recently released report from WalletHub, Arizona ranked sixth in the nation for entrepreneurs looking to start a business. The 2024 Best & Worst...
State Treasurer: Gov. Hobbs’ Education Funding Plan Is ‘Dangerous And Unsustainable’
By Corinne Murdock | Gov. Katie Hobbs’ proposed education funding plan is “dangerous and unsustainable” according to State Treasurer Kimberly Yee. Hobbs’ plan, if passed by the state legislature, would renew Proposition 123 for another decade and...
Schweikert Calls On Congress To Take $34 Trillion National Debt “Seriously”
By Elizabeth Troutman | Rep. David Schweikert, R-Ariz., urged Congress to “take our nation's fiscal health seriously” in response to the growing national debt. Schweikert’s Daily Debt Monitor shows the federal government’s gross national debt increasing by $839...
Arizona Ranks In Top Ten Among States With Most Credit Cards
By Corinne Murdock | The state of Arizona is among the top ten in the nation for having the most credit cards. According to a new study by WalletHub, Arizonans rank ninth among all states concerning credit card ownership. The average Arizonan...
Arizona’s New Minimum Wage Will Be Ninth Highest In The Country
By Corinne Murdock | Minimum wage in Arizona will rise to over $14 an hour in the new year, a 50-cent increase from the previous amount of over $13. At $14.35, that will make Arizona the state with the ninth-highest minimum wage in the country. Only...
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