Arkansas has lost $757 million public dollars 2022-2023 due to income tax cuts.
The proposed changes would offer only meager benefits to most low- and middle-income taxpayers, versus a windfall to our state’s wealthiest households and corporations.
Another round of tax breaks won’t do much to help the average Arkansan, and they definitely won’t get Arkansas where we need to be.
Whether a local income tax is a good choice for a community should be a decision that arises from that community itself.
In another move by the legislature to give handouts to corporations, HB1045 (now Act 485) will reduce state revenue by tens of millions of dollars annually by reducing the share of corporate profits that are taxable in Arkansas. That’s...
Proposals to cut the top income tax rate, like SB549, simply don’t help most Arkansans in any substantial way.
Sign your name if you think the state should be investing in things that help all Arkansans, not just a select few.
A state budget that puts more dollars toward programs to help children and families, like childcare for infants and toddlers, early childhood education, affordable housing, and health care for moms and babies would do more to help all Arkansans.
We hope to carry this momentum into the 2023 Regular Legislative Session, as we can be sure there will be many bills to support and defend against that will affect the lives of Arkansas's children and families.
The only way to help struggling Arkansans deal with higher prices using our income tax system is by enacting a fully refundable credit, ideally something like a state-level EITC.