Arizona’s budget is out of whack. Is that because, as some believe, the state is not taking in enough revenue? Or is it because, as others insist, the state is spending beyond its means?
We’ll look at spending in the near future. This edition of Thinking Arizona addresses the revenue side of the ledger.
The analysis shows that Arizona’s tax burden, looked at on a per capita basis, is among the lowest in the land. To be precise, it ranks 44th of the states. The details reveal much the same picture. Arizona ranks well into the bottom half on virtually every revenue dimension.
That should cheer those for whom less government is the objective. Meanwhile, others might see it as a means of climbing out of the deep hole in which we find ourselves.