The Senate refused an attempt to delay an income tax cut but still may consider a meassure targeting elective medical procedures. Sounds like abortion is the target.
income tax
Posted inArkansas Blog
Governor: State facing $350 million revenue shortfall by June 30, which will require a special session
The state will delay income tax filing and between this and the economic downturn the state must have a special legislative session to cope with a $353 million revenue shortfall.
Posted inArkansas Blog
Arkansas legislative session a ‘perfect storm’ for low-income, analyst writes
Rich Huddleston of Arkansas Advocates for Children and Families writes that the governor and legislature are creating a “perfect storm” for lower-income people with tax policies that favor the rich and reduce money for public services. Amen.
Posted inArkansas Blog
Taxes and spending: Arkansas leads country in local sales tax rates while state starves services to cater to rich and special interests
A reader sends a link to a stunning top 10 compilation: A ranking of local sales tax burdens shows Arkansas cities occupy 12 of the top 17 places on the list, with Gould leading the nation with a combined local sales tax rate of 11.5 percent. It’s a lesson in the impact of state priorities.
Posted inArkansas Blog
A pitch for more consideration for lower-income taxpayers
Arkansas Citizens First Congress, a grassroots group, adds its voice to those questioning Gov. Asa Hutchinson’s insistence on giving a big tax break to the wealthy. It compiled the chart showing impact of past and future tax plans.
Posted inArkansas Blog
Democrats propose to help poor more than rich with tax legislation
Arkansas Democrats unveiled their ideas for tax relief this morning and it’s a marked departure from Gov. Asa Hutchinson’s plan to give more than 90 percent of tax cuts to the top 5 percent, with the top 1 percent getting 75 percent of the eventual $150 million in tax reductions.
Posted inArkansas Blog
A tax talk open line
The open line includes the schedule of tax talk Monday — income tax “relief” by Democrats and highway taxes by the governor.
Posted inArkansas Blog
Tax dodging Rep. Mickey Gates reports his debt to state
Republican state Rep. Mickey Gates, facing felony income tax charges, reports that he piled up more than $50,000 in debts to the state over a 10-year period, but says he’s paid it down significantly and is current on a repayment plan.
Posted inArkansas Blog
Legislature continues tax cut talks today
Tax cuts are being discussed at the Capitol today, with more emphasis on those at the higher end of the scale.
Posted inArkansas Blog
New tax bite has some looking for angle on Arkansas property taxes
Gov. Asa Hutchinson punted today on a question raised by the Republican tax legislation, which will hit at least some Arkansas taxpayers in their pocketbook.