by David Safier
Eight people from Arizona's universities got together to look at various ways Arizona can deal with our budget crisis. The group calls itself the Fiscal Alternative Choices Team — FACT. Clever acronym. So the 65 page paper they just released is called The FACT Report. Who can argue with FACTs?
By the way, the FACT group is the result of an invitation from the legislature:
Among their recommendations is one that could be a game changer. They propose it might be possible for the legislature to raise taxes with a simple majority vote by creating a "net tax cutting bill." The idea is, the legislature writes a bill that raises taxes now, then creates a permanent tax cut five years from now.
As the saying goes, it's so crazy, it just might work.
There are lots of other suggestions in the 10 page executive summary, which I'll try to wade through later. I'll leave the rest of the report to better, and more patient, minds.