HB 2409 Would Exempt Wealthy Investors from Paying Income and Capital Gains Tax

As usual, bad ideas at the legislature just don’t seem to die. Lawmakers are considering legislation to expand the “Angel Investment” Tax Credit Program, a scheme that would dole out millions to wealthy investors to subsidize their risky venture capital investments in...

Swampy D.C Program Rampant With Fraud, Being Pushed in Arizona.

Every legislative session, lawmakers are duped by rosy tax credit programs, sold as either robust jobs programs or silver bullets to our social woes.  This year HB2732, sponsored by Representative Ben Weninger, is being sold as both.  The Low-Income Housing Tax...

New Study Shows Low Income Housing Tax Credit Program Fails at Delivering Affordable Housing in Arizona

Today the Arizona Free Enterprise Club released a new study evaluating the cost of Low-Income Housing Tax Credits (LIHTC) in Arizona and Washington and how LIHTC have performed compared to other government backed housing affordability programs. The review determined...

HB 2409 Would Exempt Wealthy Investors from Paying Income and Capital Gains Tax

As usual, bad ideas at the legislature just don’t seem to die. Lawmakers are considering legislation to expand the “Angel Investment” Tax Credit Program, a scheme that would dole out millions to wealthy investors to subsidize their risky venture capital investments in...

Swampy D.C Program Rampant With Fraud, Being Pushed in Arizona.

Every legislative session, lawmakers are duped by rosy tax credit programs, sold as either robust jobs programs or silver bullets to our social woes.  This year HB2732, sponsored by Representative Ben Weninger, is being sold as both.  The Low-Income Housing Tax...

New Study Shows Low Income Housing Tax Credit Program Fails at Delivering Affordable Housing in Arizona

Today the Arizona Free Enterprise Club released a new study evaluating the cost of Low-Income Housing Tax Credits (LIHTC) in Arizona and Washington and how LIHTC have performed compared to other government backed housing affordability programs. The review determined...