It’s Hard to Argue With Results

It’s Hard to Argue With Results

Results, not intentions, are the best measure of performance…

With all of the talk about taxing the rich more, and demands for even more state tax revenue, it is important to highlight how to grow out of a financial hole. Many will remember the devastation that came upon Arizona, like many states, between 2008 and 2013. Many people lost jobs, homes, their retirement net eggs, and even careers. It is nice to see that sound economic policy that is putting more back in the hands of …

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HB 2014 “Legal Tender Exchange; Tax Effect” Signed

HB 2014 “Legal Tender Exchange; Tax Effect” Signed

On May 10, just two days prior to the end of the first session of the 53rd Arizona Legislature, House Bill 2014 was transmitted to the Governor.  Today he signed the bill that finally treats the exchange of one type of American currency for another as an exchange and not a sale.  In a statement earlier today, I reminded constituents that, “We don’t buy one kind of money with another kind, we exchange currency, one species for another.

Current law, A.R.S. § 43-1001 states that “Arizona …

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What Is Nullification

What Is Nullification

I’ve been asked by a number of constituents, “Why can’t we just tell the federal government we won’t do something they require of us?  After all, we did not empower them to make the states do much of what the Feds now require?”  In my humble opinion I believe the States have the right and authority to object and decline to federal mandates, essentially applying the element of “nullification” to the federal position.

Two problems become evident.  First, the States have gone along with the progressive …

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“Leave it to a well informed people…” Thomas Jefferson