Benefits of HB 1585 Go To Wealthy, Low-Income Families Left Out, March 2013

According to an analysis by the Institute on Taxation and Economic Policy (ITEP), House Bill 1585 would target personal income tax relief to Arkansas taxpayers who make over $155,000 per year (the top five percent of earners). This group would receive one-half (50 percent) of the total benefits resulting from the tax cut. That’s compared to those who make $29,000 or less per year, who would get nothing.