The impact of multiple rounds of tax cuts on the state budget is beginning to show.
income tax
Posted inArkansas Blog
Report: Arkansas’s tax system squeezes the poor, goes easy on the rich
Among the interesting nuggets in the report: Arkansas is among only five states that do not offer any sort of property tax breaks designed to help lower-income homeowners.
Posted inArkansas Blog
UPDATE: Special session called for Tuesday, no surprises. The rich will get richer. Teachers get nothing
Call for session coming this afternoon.
Posted inArkansas Blog
Legislature comes up with crumbs to make cut for rich more palatable
Apparently aware of terrible optics, the legislature now has a plan for a one-time credit for lower income people. Not all of them. And not much compared with the windfall for the rich.
Posted inArkansas Blog, News
How the rich get richer: Income tax avoidance
Waltons figure prominently on a list of tax burdens on wealthiest Americans,
Posted inArkansas Blog
Oct. 25 the legislative circus comes back to town
In two weeks they’ll be back. For how long? Too long whatever the outcome.
Posted inArkansas Blog
Free beer tomorrow: The promises to end the state income tax
Republicans keep selling the fiction that income tax cuts pay for themselves. They never have. That’s why candidates have few details to back up their promise of free beer tomorrow.
Posted inArkansas Blog
Income-tax free Texas may not be such a good deal after all
Talk of eliminating the Arkansas tax would hurt the state but help a few millionaires.
Posted inArkansas Blog
Arithmetic needed by Republican Party when it talks about ending the income tax
Republican candidates are in dreamland when they talk about eliminating the income tax.
Posted inArkansas Blog
Democrats call for childcare and tax relief for essential workers during crisis
The Democratic Party proposes child care tax credits and and income tax suspension for everyone making less than $150,000 year. Unlikely, but interesting.