The Arizona legislature and Governor Doug Ducey continue to cut taxes in an effort to spur a supply-side effect to boost the state’s economy. Jon Talton, the “Rogue Columnist,” will talk about a report that shows the strategy is not working.
In 2014, identification fraud cost the government $6 billion when people filed taxes using someone else’s name and social security number. Arizona State University professor Shawn Novak of the School of Public Affairs was a senior tax policy analyst for the US Senate Finance Committee, and will tell us more about tax fraud and efforts to prevent it.
The Central Arizona Project is planning to ask the legislature to extend a four cent tax that pays for groundwater recharge and other costs. Also, water delivered by the canal could be decreased in the coming years because of drought. David Modeer, general manager of the Central Arizona Project, will discuss those issues.
A new study by Arizona State University’s W.P. Carey School of Business shows that campaign contributions do help businesses. The report shows that companies making campaign contributions specifically to tax-writing members of Congress wind up paying lower tax rates over time. Assistant Professor Jennifer Brown of the W. P. Carey School of Business, one of the study authors, will talk about the report.
People across the country and here in Arizona are falling victim to a tax scam. The IRS is holding a press conference in Phoenix on September 3 to warn the public about the scam, which has already hit 1,100 victims to the tune of $5 million. Potential phone scam victims are being told they owe taxes that must be paid immediately with a prepaid debit card or wire transfer by callers claiming to be IRS employees. Bill Brunson of the Phoenix IRS office will talk about the scam.
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 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 Governor’s plan to reform Arizona’s sales tax has cities worried that they will lose revenues. Ken Strobeck, Executive Director of the Arizona League of Cities and Towns, will tell us more about the concerns of cities and bring us up to date on negotiations to resolve the issues.
A study recently released by the non-partisan Grand Canyon Institute reveals that two decades of tax cuts in Arizona have not spurred economic growth. David Wells of the institute will tell us more about the report.
Governor Jan Brewer will announce a sales tax simplification bill, hoping to fix what she calls the most complicated sales tax in the nation. Arizona State University Economist Dennis Hoffman will discuss the proposal.
Farrell Quinlan, Arizona State Director for the National Federation of Independent Business, explains Prop 116, a constitutional amendment that was referred to the ballot by state lawmakers. Prop 116 raises the personal property tax exemption on newly-acquired business equipment and machinery. The measure has no organized opposition.
Prop 117 is a constitutional amendment referred to the ballot by the Arizona Legislature that would limit - to 5% - annual increases in property value which is used to calculate property taxes. Hear from Arizona Tax Research Association President Kevin McCarthy, who supports Prop 117, and Maricopa County Treasurer Charles “Hos” Hoskins, who is opposed to the measure.
Arizona Secretary of State Ken Bennett rejected petition signatures for the Quality Education and Jobs Initiative, which would extend a one-cent state sales tax. Bennett said wording on petition sheets didn’t match what was given to his office electronically. A court hearing will be held on the rejection of the signatures. Mary Jo Pitzl of the Arizona Republic will tell us what the court decides.
Governor Jan Brewer’s Transaction Privilege Tax Simplification Task Force is set to start working on recommendations for simplifying Arizona’s sales tax code. Hear what Arizona Horizon's own panel of experts thinks the task force should focus on. Guests include Executive Director of the Arizona Retailers Association Michelle Ahlmer and tax attorney James Busby of Gallagher and Kennedy.
A bill (SB 1338) is moving through the Arizona State Legislature that would require Internet-based companies like Amazon.com to collect state taxes on the products it sells. Michelle Ahlmer, Executive Director of the Arizona Retailers Association, explains why her organization is supporting the bill.
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.
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.
The Ice House, a unique art space and gallery in Phoenix’ warehouse district, is on the verge of closing due to financial challenges, but a group of local artists is trying to rescue the place. We’ll show you what they’re doing to help.
State lawmakers have two primary options to erase the State’s massive budget deficit: 1) raise taxes or, 2) cut government spending. Both have a negative impact on Arizona’s economy, but according to a new analysis by the L. William Seidman Research Institute at ASU’s W. P. Carey School of Business, one option is less economically harmful than the other. Tom R. Rex, associate director of the Center for Competitiveness and Prosperity Research, explains.
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.
At the general election in November, Prop 302 will ask voters if they want to continue using tobacco taxes to fund early childhood development and health programs through the voter-approved program known as First Things First. Debating the proposition are Nadine Mathis Basha, a board member for First Things First; and Kevin McCarthy, President of the Arizona Tax Research Association.
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.
Proposition 105 would change the Arizona Constitution to require that any future ballot proposition that calls for raising taxes or mandates state spending must receive a majority of all registered voters, not just a majority of votes cast. HORIZON examines both sides of the issue.
Legislative leaders talk about their accomplishments and disappointments from the recently wrapped up session. Lawmakers passed a state budget and measures dealing with taxes, immigration, education and other issues. House Speaker Jim Weiers and Senate Majority Leader Thayer Verschoor join us to wrap up the session.
Republican State Senator Jay Tibshraeny of Chandler discusses how various transportation bills have run into obstacles so far this session and discusses how some business leaders are considering the possibility of higher taxes to pay for transportation costs.
Part one of four.
What determines prices at the pump? How much of the cost of a gallon of gas pays for taxes and special blends? Why are prices volatile? HORIZON gives you the answers to these questions and more in this first installment of a four-part miniseries.
Businesses could see their property taxes lowered. Does that mean homeowners will pay more taxes? Horizon takes a look at a bill that attempts to make Arizona's property tax system more fair for businesses.