Governor Announces Efforts Underway to End State Income Tax
In Arkansas they took an ax, and gave the tax rate another whack; the governor said after this latest one, she’ll keep cutting until the taxing is done.
Republican Gov. Sarah Huckabee Sanders on Wednesday signed bills cutting the individual and corporate tax rates while raising the homestead property tax credit, according to the Associated Press.
Sanders has cut taxes three times since she took office in January 2023, and said her goal is to wipe away the state income tax altogether.
“We are moving in the right direction and we’re doing so responsibly,” Sanders said.
We returned half a billion to Arkansans today, lowering our income tax to 3.9%.
