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Public Finance

Tax Reductions in Arizona: Effects on Economic Growth and Government Revenue: 2023 Update

Since the early 1990s, the Arizona Legislature has repeatedly reduced tax rates and narrowed tax bases of revenue sources used by state government — particularly of those sources providing revenue to the general fund. The tax reductions usually were passed with the…

Arizona Economic Growth Supply-Side Economics Tax Burden Public Finance
Public Finance

The Financing of Public Higher Education in Arizona

State and local government appropriations for public higher education — community colleges and universities combined — in Arizona as of fiscal year (FY) 2022 were considerably below the amount needed to equal the national average per full-time-equivalent (FTE) student.…

Arizona Higher Education Finance Nation Public Finance
Public Finance

The Financing of Public Education in Arizona: 2021 Update

Compares the funding of public education in Arizona to the nation and other states. For per student state and local government funding for public education—elementary, secondary, and higher education combined—to reach the national average in Arizona, additional state and local government revenue…

Arizona Higher Education Finance K-12 Finance Public Finance
Public Finance

Modernization of Arizona's Sales Tax

Considers options for modernizing Arizona's sales and use taxes, primarily with the goal of ensuring that sales tax revenues keep pace with economic growth. Sales and use tax collections as a share of personal income have declined significantly in Arizona and in other states for decades—a major…

Arizona Tax Structure Public Finance
Public Finance

Options for Raising State Government Revenue in Arizona

Examines a number of possible sources of additional state government revenue. Public revenue and spending in Arizona in recent years has been substantially below both the national average and the state’s historical norm.

Arizona General Fund Tax Burden Tax Structure Public Finance
Public Finance

The Financing of Public Education in Arizona: Update

Addresses the funding of public higher education and elementary and secondary education in Arizona, relative to the nation and other states. Relative to higher education, per student state and local government funding for public elementary and secondary education in Arizona has been further…

Arizona Higher Education Finance K-12 Finance Public Finance
Public Finance

The Social Security and Medicare Programs: Issues and Possible Solutions

Reviews financial and other issues facing the Social Security and Medicare programs, reviewing a wide range of options that have been proposed by numerous organizations across the political spectrum to resolve the issues. Trust funds of each program are expected to be depleted before 2035.

Nation Social Security & Medicare Public Finance
Public Finance

The Financing of Public Higher Education in Arizona

Investigates revenues for higher education in Arizona by source, with comparisons made to other states and the nation. Public support for higher education—the combination of universities and community colleges—is quite low in Arizona and lower than the historical norm.

Arizona Higher Education Finance Public Finance
Public Finance

Tax Reductions in Arizona: Effects on Economic Growth and Government Revenue

Summarizes supply-side economic theory and the Laffer Curve, reviews the tax burden in Arizona after nearly 25 years of tax reductions passed by the Arizona Legislature, and examines the effects of these tax reductions on economic performance and public revenue. Empirical evidence indicates that…

Arizona Economic Growth Supply-Side Economics Tax Burden Public Finance

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