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Improving Arkansas Economic Freedom (Jeremy Horpedahl & Heidi Saliba Commentary)

Improving Arkansas Economic Freedom (Jeremy Horpedahl & Heidi Saliba Commentary)
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Slow and steady

Arkansas has made strides over the last decade to improve its income-tax structure. But if the Natural State wants to remain competitive against no-income-tax states like Texas and Tennessee, along with rate-cutting peers like Mississippi, lawmakers must continue to build on the momentum of these reforms.

Bill cutting Arkansas top individual income tax rate, top corporate income tax rate on its way to Sanders

The Arkansas House of Representatives on Wednesday voted to send Gov. Sarah Huckabee Sanders a bill that would cut the state s top individual income tax rate from 4.9% to 4.7% and the state s top corporate income tax rate from 5.3% to 5.1%, retroactive to Jan. 1, 2023.

Bill cutting state s top individual income tax rate, top corporate income tax rate on its way to Sanders

The Arkansas House of Representatives on Wednesday voted to send Gov. Sarah Huckabee Sanders a bill that would cut the state s top individual income tax rate from 4.9% to 4.7% and the state s top corporate income tax rate from 5.3% to 5.1%, retroactive to Jan. 1, 2023.

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