July 2007


Florida’s Legislature has approved the largest property tax cuts in state history following hurricane damage in recent years. The property tax relief and reform package will cut property taxes in Florida by almost $32 billion dollars over the next five years.

The number of businesses without employees in America grew to 20.4 million in 2005 as 860,000 people went into business for themselves. These businesses, known in business circles as lone wolves, had total receipts of $951 billion.

Phoenix has become America’s fifth most populous city. As of July 1, 2006, the population of Arizona’s state capital stands at 1.5 million. Phoenix is also America’s most populous state capital.