Business & Job Creation
Businesses need a friendly and fair business environment so they can compete, innovate, and create jobs. We’re keeping politicians from playing favorites by offering special deals and tax breaks to the favored few.
The Internet is probably the greatest boon to individual liberty and entrepreneurship since Ford started churning out affordable cars. It allows people to decide where and with whom they will shop. But as a recent headline in USA Today reads, "States hope to begin taxing online sales." The newspaper continues, "the group [of 18 states] hopes to convince retailers but does not force them? to begin collecting taxes and turning it over to state governments." Merry Christmas, shoppers.
Arizonans may soon be raising their glasses to more than 10,000 varieties of wine. Black Star Farms, a Michigan winery, and several East Valley residents have filed a federal court challenge to the constitutionality of Arizona's wine shipping regulations.
The challenge comes in the wake of Granholm v. Heald, in which the U.S. Supreme Court struck down similar programs in New York and Michigan. But Arizona still has not acted to repeal its unconstitutional laws.
Battelle, a research firm hired to track Arizona's biotech industry, has released a report detailing the growth of biotech firms and employment in Arizona during the 2000-2004 period.
37.5 cents of every gallon of gas you buy goes to pay federal, state, and local taxes. That amounts to an annual gas tax burden of $271 for every American.
Since road construction is a state and local obligation, state or local gas taxes may make some sense. After all, people who use the highways and byways should share in paying for their construction and upkeep.
Like millions of Americans, Donald and Susan Sutherland love ice cream. In fact, they like ice cream so much they decided to open their own ice cream store in Tempe. What started out as a single Cold Stone Creamery 18 years ago is today a growing company with outlets in 47 states and even the Caribbean.
Everyone can probably agree that the world is a better place with more ice cream in it.
But if you were to listen to Arizona Chain Reaction, we'd all be better off without "chains" like Cold Stone Creamery.
Despite the sweltering heat, there's much to love about Phoenix. It's the 16th best place in the country to do business, boasts some of the nation's most affordable housing, and has an unemployment rate well below the national average. But there's a naysayer in every crowd, and Phoenix is no exception.
Some public officials in Arizona have pinned the state's economic future on the hope of a big biotech payoff. Just last month, Governor Napolitano signed a bill creating a tax credit to subsidize investment in certain bioscience companies. But the industry's track record does little to inspire confidence.
In 2004 alone, the 330 publicly traded biotech firms posted a collective loss of $4.3 billion. Cumulative net losses since the first biotech company went public are more than $40 billion.
How much power should Arizona electric companies generate from renewable sources?
The Arizona Corporation Commission (ACC) thinks it has the answer: 15 percent.
The ACC has proposed requiring utilities to produce at least 15 percent of their power from solar, wind, and on-site consumer sources. But there's nothing magic about 15 percent. In fact, the number is arbitrary and expected to impose heavy surcharges on consumers to the tune of $50 million per year.
Realtors are trying to limit online real estate listings to keep out online brokers, who often charge less than the traditional full-service 6 percent commission. The U.S. Justice Department is investigating whether the practice is anti-competitive and violates anti-trust laws.
It's time to raise a glass of wine. The Supreme Court this week declared unconstitutional state regulatory schemes that allow in-state wineries to ship directly to consumers, but ban out-of-state wineries from doing the same. The Goldwater Institute filed an amicus curiae brief in the case, arguing these anti-competitive laws violate the Commerce Clause and cannot be saved by the 21st Amendment, which ended Prohibition.