A new study by the Tax Foundation shows that Arizona could generate $113 million in tax revenue if marijuana were legalized and taxed at 15 percent. Arizona State University economist Dennis Hoffman from the W.P. Carey School of Business will discuss the idea.
In 2014, 40.7 million people visited Arizona and spent $20.9 billion. That generated $2.8 billion in tax revenue. Arizona Tourism executive director Debbie Johnson will give us an update on the status of Arizona’s tourism sector.
The tax deadline is fast approaching. Bill Brunson, a spokesman for the Internal Revenue Service in Phoenix, and Anthony Forschino of the Arizona Department of Revenue, will talk about tax tips, new tax laws and e-filing.
We’ll probably see driverless cars on the road in the near future. While that may make our lives easier, there will be consequences for state and local governments, who depend on traffic tickets as a source of revenue. That’s just one example of how technology will have outcomes that may not be desired by some. Arizona State University School of Public Affairs professor Kevin DeSouza will discuss how innovation could produce unintended consequences.
Did someone file taxes in your name without your knowledge? Identity theft is a big problem during the tax-filing season. Brian Watson of the IRS Criminal Investigation Division and Arizona Department of Revenue Spokesman Anthony Forschino will discuss the issue.
The U.S. Treasury and Internal Revenue Service have issued new rules that say all legally married same-sex couples are entitled to the same tax benefits as married heterosexual couples. That new rule resulted from the U.S. Supreme Court’s ruling striking down the Defense of Marriage Act, which defined marriage as between a man and a woman. It means same-sex couples can now file joint tax returns. Certified Public Accountants, Jared Van Arsdale and David Walser, discuss what the new rule means for Arizona same-sex couples who are legally married.
A new report shows that nearly half of Arizona’s general revenue funds come from the federal government. Only Mississippi and Louisiana receive a higher percentage of their state funds from the federal government. The Tax Foundation of Washington, D.C. put out the report. Arizona State University Economist Dennis Hoffman and Byron Schlomach, Chief Economist at the Goldwater Institute, will discuss the report.
The Internal Revenue Service is facing scrutiny for allegedly targeting conservative groups for audits. Also, Apple Inc. is being criticized for moving profits off shore in an alleged effort to avoid U.S. taxes. Adam Chodorow, Arizona State University Tax Professor and Associate Dean for Innovative Ventures, will talk about both issues.
The web has changed many aspects of our lives, including the dissemination of news. Some predict the death of newspapers, while media companies struggle to figure out a revenue model that works in the digital age. Arizona State University Journalism Professor Tim McGuire discusses the future of journalism.
Recently aired back-to-back interviews on Horizon featuring the primary supporter and critics of a proposed mining operation near the town of Florence. Michael McPhie, the President and CEO of Curis Resources, said the project will generate jobs and tax revenue for the local community, but Florence Vice Mayor Tom Smith and Attorney Jordan Rose said the project will contaminate groundwater and destroy property values.
The Arizona Department of Revenue is giving taxpayers an opportunity pay back taxes owed to the State without penalty from September 1 through October 1, 2011. ADOR spokesman Anthony Forschino explains the Tax Recovery Program.
The State of Arizona is on track to collect more tax revenues than projected when lawmakers passed the 2012 budget. State Senator Kyrsten Sinema
(D-Phoenix) and State Representative Justin Olson (R-Mesa) debate what the State should do with any extra money it collects.
Do government revenues increase when taxes are cut? It’s a claim often made in congress and the state legislature. ASU Economists Dennis Hoffman Dean Robert Mittelstaedt from the W.P. Carey School of Business will discuss the issue.
A new report blames Arizona’s immigration law for more than $140-million in lost revenue. Senior Vice President and Economist for Elliott D. Pollack & and Company, the firm that conducted a study the report is based on, talks about the data.
Mesa voters will decide whether to allow the city to raise hotel taxes and use other funds to build a new facility for the Chicago Cubs. Mark Killian, former lawmaker and head of the Department of Revenue, and Bob Kammrath of the Mesa Taxpayer’s Alliance will debate Proposition 420, which will be on the ballot in Mesa this November.
Thousands of small non-profit organizations in Arizona are in danger of losing their non-profit status if they don't complete a form by mid October. Bill Brunson of the Internal Revenue Service will explain the situation.
By a wide margin, Arizona voters approved Proposition 100 raising the state sales tax by a penny per dollar for three years. John Arnold, Director of the Governor’s Office of Strategic Planning and Budget, explains how the extra revenue will help the State.
Bill Brunson of the Internal Revenue Service talks about changes in the tax code and other information to help you file your tax return. Also, Anthony Forschino of the
Arizona Department of Revenue will review the changes to state tax laws.
Arizona’s system of 31 state parks is in poor financial shape. Historic buildings are in disrepair, and budget cuts have forced some parks to close. An ASU report released this month is recommending a variety of options to raise revenue for state parks. Topping the list is a surcharge on vehicle license plates. Hear from House Appropriations Committee Chair, Rep. John Kavanagh who is opposed to the idea, and Rich Dozer, Chairman of the Governor’s Sustainable State Parks Task Force.
Arizona is in a fiscal mess. To clean it up, the state will have to cut costs or raise revenue. Privatizing prisons might be a way to do both. Earlier this month, Governor Brewer signed House Bill 2010 which allows the state to start looking for a private company to operate one or more state prisons. Mike Duran, President of the Arizona Correctional Peace Officers' Association, and Ken Gilroy, Editor of "Privitization Watch" for the Reason Foundation, a non-profit think tank that advances free market principles and limited government, debate the idea of private prisons.
As the State of Arizona faces a budget shortfall of more than $3 billion, lobbyists for dog and horse tracks are suggesting that Arizona can generate much needed revenue by allowing casino games at dog and horse racing tracks. But are “racinos” a good idea? Hear what Sheila Morago of the Arizona Indian Gaming Association has to say about the issue.
Funding for the arts suffered a 42 percent drop recently, partly due to cuts by the legislature and partly due to decreased revenues. Brenda Sperduti of Arizona Citizens Action for the Arts talks about the drop in revenue and budget cuts.
On the day of the grand opening of the Polly Rosenbaum State Archives and History building, State Archives Director GladysAnn Wells and historian Doug Kupel talk about the new facility, what visitors can expect and the long process of constructing it.
April 15 is just around the corner. Bill Brunson of the IRS and Dan Zemke of the Arizona Department of Revenue will talk about the latest changes to tax laws, electronic filing and the Bush stimulus package.
Maricopa County Superior Court conducts its first night session this week. Maricopa County Superior Court Juvenile Court Presiding Judge Eileen Willett joins us to talk about the new night and Saturday hours at Superior Court.
It's time to start filing your tax return. Bill Brunson of the IRS and Dan Zemke of the Arizona Department of Revenue will talk about the latest changes in tax law and tax filing to help you as your file your return.
The deadline is approaching to file your 2005 Income Tax Returns. Representatives from the IRS and the State Department of Revenue talk about issues such as IRS Free File, refunds due to people who did not file 2002 returns, the Earned Income Tax Credit and a new Energy Tax Credit for 2005.
For the first time ever, Arizona passed the one billion dollar mark in state revenues in April. That was fueled by a 77\% increase in state income tax revenue. That's being attributed to money being made in Arizona's red-hot housing market. We'll talk to Arizona State University Economist Tracy Clark about rising state revenues.