Economy - AZ FREE NEWS

California Refinery Closures Spark Fuel Supply Concerns In AZ

Apr 26, 2025

By Jonathan Eberle | California is poised to lose a significant portion of its oil refining capacity by the end of 2026, as Valero announced the closure of its Benicia refinery—its second largest in the state—just months after Phillips 66 declared plans to shut down...

New Report Shows Arizona Cities Maintain Strong Revenues Amid Calls For Tax Increases

Apr 24, 2025

By Jonathan Eberle | Despite recent claims of financial strain, Arizona cities are experiencing robust revenue growth, according to the Arizona Tax Research Association's (ATRA) April 2025 newsletter. The report highlights that municipalities have accumulated...

Campaign Launches In Support Of Glendale Propositions 401 And 402

Apr 7, 2025

By Jonathan Eberle | A new campaign, Yes for Glendale, has been launched in support of Propositions 401 and 402, two measures set to appear on the May 20 mail-in ballot. The propositions concern land use and zoning changes necessary for the completion of VAI Resort, a...

Glendale Mayor Announces Support For Propositions In May Special Election

Apr 4, 2025

By Matthew Holloway | Glendale Mayor Jerry Weiers is enthusiastically supporting two upcoming ballot propositions for the city, which are set to be voted on in the May 20th special election. The two propositions, Props 401 and 402, would reportedly affirm the Glendale...

Schweikert Asks Congress – ‘Do You Understand How SCREWED WE ARE?’

Apr 3, 2025

By Matthew Holloway | Congressman David Schweikert (R-AZ-01) raised an alarm about what he believes is the oncoming fiscal demise of the U.S. in a speech from the House floor. Schweikert explained that a simple series of calculations “point to a shrinking labor force,...

Sen. Mesnard Working To Reduce State Income Tax By 50% Of Surplus

Apr 1, 2025

By Matthew Holloway | Arizona State Senator JD Mesnard (R-LD13) is looking to reduce the size of government and the state income tax burden on Arizonans with dual bills: SB1318 and SCR1014. Both bills, which are moving through the House after passing the Senate in...

Republican Lawmakers Propose Ballot Measure To Cap Taxes On Food And Drink

Mar 31, 2025

By Matthew Holloway | Arizona’s Republican lawmakers are looking to take on the cost of groceries by sending a referendum to the voters that would cap the transaction privilege taxes in municipalities on the sale of food items for home consumption at 2 percent. The...

Sen. Mesnard’s Bill Would Exempt Retirement Savings From State Income Tax

Mar 27, 2025

By Matthew Holloway | A bill to exempt retirement savings from the state income tax is being considered by the Arizona House of Representatives. SB 1371, sponsored by Sen. JD Mesnard (LD-13), would exempt all retirement investment savings, including 401Ks, IRAs, Roth...

Proposed Ballot Measure Would Require Supermajority For Local Tax Increases

Mar 19, 2025

By Jonathan Eberle | A proposed amendment to Arizona’s tax laws could make it significantly harder for cities and counties to raise taxes and fees. Senate Concurrent Resolution (SCR) 1008, sponsored by Senate President Warren Petersen, proposes requiring a two-thirds...

Schweikert Proposes Data Scientists As Solution For Reckless Government Spending

Mar 17, 2025

By Matthew Holloway | Congressman David Schweikert (R-AZ1) delivered his weekly speech before the U.S. House of Representatives last Tuesday and stated that the looming fiscal crisis of the United States is not an ideological matter but is instead a matter of...

New Report On Inflation Shows Phoenix Metro Is Steadily Below Target Rates

Mar 17, 2025

By Matthew Holloway | In a new report from Common Sense Institute (CSI) Arizona, inflation as measured by the Consumer Price Index (CPI) in the Phoenix metro area, remained under the 2% target for the sixth consecutive month. In February, CSI Arizona recorded a...

Lawmakers Propose Ballot Measure To Double Their Pay

Mar 16, 2025

By Jonathan Eberle | Arizona lawmakers are facing mounting backlash over a proposed pay raise bill that would increase the salaries of state legislators by a significant margin. Senate Concurrent Resolution 1003, introduced in the Arizona State Senate, seeks to boost...