Arizona tax cut bill meets its demise

By Mary Jo Pitzl | The Republic

Lawmakers killed a bill designed to keep Arizona competitive in the race for manufacturing businesses, citing a host of objection

Members in the state House of Representatives did something unusual last week: They killed a major corporate tax break.

It was a surprising development in a GOP-controlled Legislature that has embraced tax breaks and incentives to attract business; every year, there is some sort of tax cut done in the name of making Arizona competitive.

Sponsored by Rep. Jeff Weninger, R-Chandler, and backed by the Arizona Manufacturers Council, Honeywell, Raytheon and other large employers, the bill proposed a number of tax incentives. They included sales-tax breaks that would grow over time, a faster write-down of the property tax charged on manufacturing equipment and tax credits for creating jobs.

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