Arizona Lawmakers Look for Ways to Increase Revenue
Arizona Capitol Times › September 25, 2009
Linked as:
Summary
Lawmakers will be facing quite the conundrum in 2010 - how to raise more revenue for the cash-strapped state without raising taxes.
The Republican-led Legislature stymied attempts by Gov. Jan Brewer to put a sales tax increase on the ballot, and outright rejected the idea of passing a tax increase itself. But now, even some fiscal hawks believe it's not possible to make enough cuts to bridge a projected fiscal 2011 deficit that may be as high as $3 billion, which means that somewhere, somehow, the state will likely need to find new sources of revenue.See the full content of this document
Extract
Arizona Lawmakers Look for Ways to Increase Revenue
"You've rendered me speechless," said Republican Rep. Adam Driggs, when asked where the state could find the needed revenue.
In 2009, the Legislature approved a plan to sell and lease back a number of state properties, including the House and Senate buildings, to the tune of $735 million. With that option alre...See the full content of this document
Sponsored links
