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Tax cuts for the super-rich could return

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

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...

Two Budget Proposals from Beebe

Governor Beebe introduced two separate budget proposals this month, depending on whether legislators choose to put off nearly $30 million in tax cuts for two years. The tax cuts, if implemented, would reduce taxes for manufacturers and many wealthy...