Tax Reform

Americans are a hard-working bunch and should keep what they earn. Our ideas for tax reform reduce the burden of taxes while ensuring governments have the resources to focus on core responsibilities.

<p>Americans are a hard-working bunch and should keep what they earn. Our ideas for tax reform reduce the burden of taxes while ensuring governments have the resources to focus on core responsibilities. </p>

Arizona's Forty-Sixth Legislature, First Regular Session

Senator Barry Goldwater best articulated his legislative mission when he said, "If I should be attacked for neglecting my constituents 'interests,' I shall reply that I was informed that their main interest is liberty."

Executive Summary

Corporate tax burdens in Arizona are among the heaviest in the nation. Arizona's in-state tax burden and its total effective corporate income tax rate are the highest in the immediate region. The state's property tax burden on businesses is the sixth highest in the nation for certain classes of commercial property. Arizona's heavy corporate taxation is detrimental to capital formation and business growth, and discourages out-of-state entrepreneurs from setting up shop in the state.

Phoenix--With Arizona's state coffers empty and jobs being shed every day, now is the time to talk about tax reform and job creation.

A new Goldwater Institute report by renowned economists Dr. Art Laffer, Donna Arduin, and Wayne Winegarden, Ph.D., and published in conjunction with the Arizona Free Enterprise Club argues the best way to attract tomorrow's growth industries is through policies that make Arizona an easy and profitable place to do business.

Phoenix--State government has spent nearly $1 billion to lure biotech companies to Arizona and there is more to come, legislators say. But will all this money bring Arizona the luck of the Irish? A new report from the Goldwater Institute says it will take more than luck to find this pot of gold.

Phoenix -- The annual budget show-down is looming. Governor Napolitano has requested a 12 percent increase in spending over last year. And the Republican-led legislature will soon issue its spending priorities. A new Goldwater Institute report, Dollars and Sense: How Arizona's Spending Choices Affect Our Future, shows why income tax cuts should be part of the budget.

PHOENIX-The Goldwater Institute today released its third annual Legislative Report Card, the state's most comprehensive analysis of the voting records of all Arizona legislators. The report card uses an objective scoring system to determine how well each legislator has respected and advanced the enumerated rights of the people consistent with the Arizona Constitution.

Phoenix--The 2006 legislative session opened today with the Governors annual State of the State Address, during which the Governor identified budget and policy priorities for this year, most of which call for a larger and more expensive state government. The Goldwater Institute offers 100 ideas for 100 days that will instead allow for growth in the private sector.

PHOENIX-W. Michael Cox, Ph.D., senior vice president and chief economist of the Federal Reserve Bank of Dallas will headline the Goldwater Institute Fiscal Policy Conference, Whither Arizona's Prosperity? Taxation, Budgeting, and Economic Development in Arizona, Thursday, February 3. Cox is widely recognized for his Pulitzer Prize-nominated book, Myths of Rich and Poor.

PHOENIX-The Goldwater Institute today released its second annual Legislative Report Card, a comprehensive analysis of the voting records of all Arizona legislators. The report card assigns a letter grade to each legislator based on how well their votes advanced economic freedom, personal responsibility, and constitutional government.

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