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.
Phoenix--Like countless enterprising American immigrants before her, Cindy Vong came up with an inspired business idea.
A June opening for the 26,000-square-foot aquarium at Arizona Mills Mall could be in jeopardy after a conservative think tank filed a lawsuit claiming that the incentive Tempe offered the developer is illegal.
Phoenix--Today the Goldwater Institute asked a court to strike down an agreement between the City of Tempe and the developer of Sea Life Aquarium, a children's theme park at Arizona Mills Mall.
The City of Tempe made a deal with the developer of Sea Life Aquarium, an aquarium at a local shopping mall, to provide Sea Life with tax subsidies and concessions. The subsidies and concessions violated the Arizona Constitution and state law, which prohibit “gifts” of public money to private interests.
Arizona's consumption of electrical power has been growing at about three times the rate of the United States as a whole. Even though demand recently has slowed as a result of the economy, experts agree eventually things will pick up. When it does, existing supplies of electricity won't be enough to keep up.
The Goldwater Institute is appealing the Maricopa County Superior Court decision on its lawsuit looking to have Arizona’s renewable energy standards thrown out.
Phoenix--Late yesterday the Goldwater Institute continued its legal challenge of the Arizona Corporation Commission's authority to impose renewable energy mandates on utility companies and surcharges on consumers to pay for those mandates.
A few years ago, there was a joke running around Scottsdale. It went something like this: Why did the Mercedes dealership cross the road?
Answer: to get to the $3 million.
What? You don't think that's funny? Well, you're not supposed to because the joke's long been on you.
Chickens, you see, may cross the road merely to get to the other side, but car dealers and shopping mall developers have been eagerly crossing over for years in order to collect freebies from the taxpayers.
The Arizona Supreme Court heard oral arguments on the CityNorth case Wednesday, with justices questioning whether Phoenix will get enough in return for its $97.4 million commitment to the project.
"We're struggling with where the line is," Chief Justice Rebecca Berch said, referring to benefits to the city and benefits to the developer.
The courtroom was packed with lawyers, developers and other interested parties who could be affected by the outcome.