Quango

I was copied on an email to the Scottsdale city council and mayor today, in which a word caught my eye: “Quango.” Quango (quasi non-governmental organization) is an acronym that describes arms-length bodies funded by government departments but not run by them. They are given power and paid for by government departments. One of my […]

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IRS rules Scottsdale city bonds for Nordstrom Garage are taxable

In a rebuke to the crony capitalist policies of Scottsdale mayor Jim Lane and the so-called “Republicans” on the city council (including former city treasurer David Smith), the IRS has ruled that bonds issued by the city to pay off a parking garage at Fashion Square Mall are not eligible for the tax exempt status under which […]

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