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Posts tagged
'income tax'

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.
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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.
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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.

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.
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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.

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.
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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.

Senate draws up a tax bill

Senate Republicans are drawing up their own tax legislation and the Washington Post says one feature is a one-year delay in the cut in the top corporate tax rate from 35 to 20 percent. Donald Trump has said he wants an immediate cut to declare victory.
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Republicans reveal tax change proposal

Here's NBC on the Republican framework for tax "reform," which means tax cuts for the wealthy.

Cheap power brings jobs to Arkansas from New Hampshire WITH CORRECTON

A report in New Hampshire says arms manufacturer Sig Sauer decided to expand in Arkansas rather than in New Hampshire because electricity costs about 50 percent lower in Arkansas.
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Why does Tim Griffin rage? Self-aggrandizement potentially thwarted.

Why is Lt. Gov. Tim Griffin so unhappy about the Democrats' packing of the House Revenue and Taxation Committee. A self-aggrandizing special interest tax break is why.

Highway contractors have carrot-and-stick plan for highway money

John Lyon of the Arkansas News Bureau lays out new details of the highway construction lobby's evolving plan to produce more money to keep the contractors busy building and repairing highways. It's a bundle of tax and free increases — including a temporary 10-cents-a-gallon fuel tax increase — plus transfers of general revenue to highways, including a whopping quarter of a billion a year by transferring sales tax on vehicles from general revenues to highways.
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