Tax cuts for the super-rich could return

March 12, 2015

The wealthiest Arkansans might be bringing home a little more tax-free money thanks to Representative Shepherd’s bill (HB1402) that would reinstate the 2013 capital gains tax cuts benefiting mostly wealthy and upper-income taxpayers. Earlier this session, Governor Hutchinson’s Middle...

Changing how we tax capital gains

January 27, 2015

A relatively small number of wealthy Arkansans who make money from the sale of investments reaped the benefits from the capital gains tax cuts passed in 2013. These expensive tax cuts, however, are likely to be scaled back. Today...