Income Tax Cuts Hurt Arkansans
Arkansas has cut individual and corporate taxes several times over the past several years. Thanks to these cuts, Arkansas is losing about $1.8 billion annually in general revenue.
Taxes help all our communities thrive
State revenue pays for services important to all of us, such as our public schools, health care, universities, and safety.
In-depth study finds Arkansas’s tax system makes inequality much worse
for years we’ve been cutting income taxes in a way that primarily benefits rich corporations and the wealthiest individuals.
Who Pays? 2024
The lowest-income Arkansans have a tax rate more than double that of the wealthiest people in the state.
Arkansas will lose $4.9 billion to tax cuts by 2028
Arkansas has lost $757 million public dollars 2022-2023 due to income tax cuts.
Lawmakers Returning to Work This Week Should Reject Costly Tax Cuts for the Wealthy
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.
Now is not the time for more tax cuts
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.
Arkansas Legislature Further Erodes Local Democracy
Whether a local income tax is a good choice for a community should be a decision that arises from that community itself.
More Big Tax Cuts for Big Business
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...
Cuts To Top Tax Rate Endanger Services and Chiefly Benefit the Wealthy
Proposals to cut the top income tax rate, like SB549, simply don’t help most Arkansans in any substantial way.