Goldwater Institute

Larry Elder to Speak at Goldwater Institute Luncheon December 4

All Four Candidates to Attend

The clean-up of the corporate income tax code and the rate reductions that should result from it are just the first steps toward fundamental reform of the overall business tax regime in Arizona. The following is a menu of policy prescriptions, each of which will make Arizona's business tax climate more competitive in the region and the nation. The reforms are listed in order from least to most aggressive. Each of these proposals is designed to be enacted in single year: a multiple year phase-in of any tax cut delays and hinders the economic growth potential of the cut. Table 7 (click on the PDF button below) shows the one-year economic and revenue effects of each proposal. Additionally, spending cuts should be seriously considered to offset any revenue declines that might result from these reforms. For footnotes on the projections, refer to the full study.

Phoenix, AZ-In a study released today by the Goldwater Institute, economist Stephen Slivinski examines Arizona's harsh business tax climate and proposes an "la carte menu" of corporate tax reforms, projecting costs and benefits in terms of job growth and budget impact.

Phoenix, AZ-Are property owners in danger of having their land taken by the government to make way for hardware stores and strip malls? In a study released today by the Goldwater Institute, land use and zoning attorney Jordan Rose argues that takings for private use are on the upswing in Arizona. Rose blames the 1997 redevelopment statutes, saying they have "gutted the Arizona Constitution's prohibition against taking private property for private use."