Two taxes applied to medical marijuana brought in $30.5 million in the fiscal year that just ended.
Taxes
Posted inCannabiz
Tax turnaround: Ark. marijuana revenue is paying for some school meals.
A change to medical marijuana tax uses has brought relief at school cafeterias.
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 inCannabiz
State uses medical marijuana taxes to pay for school lunches
The state now collects around $31 million a year in tax revenue from medical marijuana sale, some of which is being used to further subsidize the meals of students receiving reduced-price school lunches.
Posted inCannabiz
State medical marijuana tax collections surpass $100 million
The state collected $2.85 million last month, bringing the total tax haul to more than $100 million since 2019.
Posted inArkansas Blog
More tax cuts for the rich and wealthy corporations
Arkansas has an upside-down tax system, where Arkansans who earn less pay a larger share of their income in state and local taxes than the wealthy.
Posted inErnest Dumas
A point of no return: An end to income tax in Arkansas would be permanent
The state constitution’s Amendment 19 requires that three-fourths of the legislature approve tax on income. A minority of lawmakers voting no would mean an end to such revenue.
Posted inArkansas Blog
The news roundup: Tax disinformation from, who else, Republicans
A slower day today, but it’s never too slow for some Republican misinformation.
Posted inArkansas Blog
Calling the roll in the U.S. Senate on birth control, climate, taxes, veterans and lower drug costs
Arkansas Republicans, with a single exception on a roster of issues, failed Arkansas voters again on drug prices, birth control, climate change and veterans.
Posted inArkansas Blog
Evangelicals depart from other faiths on social issues
Associated Press polling reveals stark differences between evangelical Christians and other faiths on hot-button issues.