Arizonans’ incomes remain far below the national average and those of most neighboring states. While Arizona has seen some improvement in the past year—likely attributable to the minimum wage passage 15 2016—deep disparitiesf or communities of color persist. Black, Latino, and American Indian households earn significantly less than White households and remain well below Arizona’s median household income.
Last month, the Joint Legislative Budget Committee (JLBC) presented its fiscal year 2026 (FY2026) baseline and revenue forecast at their January Financial Advisory Committee (FAC) meeting. What is the JLBC baseline? The…
Arizona has a variety of tax credits available to taxpayers. In its wisdom, the legislature created the Joint Legislative Income Tax Credit Committee in 2002 to keep an eye on credits, including revenue and economic impact…
In the recent election, Arizonan voters emphasized the economy as their primary concern, with many not feeling the benefits of current economic growth. Despite improvements in poverty and income, rising costs for basic needs…
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