MAG News

Rounds Consulting Group Inc. President Jim Rounds says Arizona's economy has improved significantly since the Great Recession. Key factors that matter in growing the economy are tax rates, economic development programs, workforce, transportation infrastructure, marketing, responsible regulations and a balanced budget.

Arizona's Economy: Cool or Not Cool?

EconomicDevelopment

Rounds Consulting Group Inc. President Jim Rounds says Arizona's economy has improved significantly since the Great Recession. Key factors that matter in growing the economy are tax rates, economic development programs, workforce, transportation infrastructure, marketing, responsible regulations and a balanced budget. Rounds noted it is important to include the return on investment (ROI) component in the tax policy discussion and ways of getting the best ROI with limited resources. Many of the higher-wage jobs that Arizona is landing are a result of the increasing talent in the region. There are many efforts happening behind the scenes that are trying to find the best way to increase resources for the education system. Other revenue opportunities discussed include applying taxes to services, digital goods and gaming, and limiting sales taxes.

Published September 4, 2018

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The Maricopa Association of Governments (MAG) is a Council of Governments (COG) that serves as the regional planning agency for the metropolitan Phoenix area.

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