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Arkansas governor issues tax-cut call as fiscal session kicks off; ’19 goal in mind

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Gov. Asa Hutchinson on Monday told lawmakers that in the 2019 regular session, he wants to cut the state's top income tax rate from 6.9 percent to 6 percent, which would reduce revenue by about $180 million.

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Arkansas Supreme Court Justices (left to right) Shawn A. Womack, Courtney Hudson Goodson, Josephine L. Hart and Robin F. Wynn... + Enlarge

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Gov. Asa Hutchinson speaks Monday afternoon to a joint session of the Legislature. Monday was the first day of this year’s fi... + Enlarge

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Rep. LeAnne Burch (left), D-Monticello, and Rep. John Maddox, R-Mena, greet each other Monday in the House chamber at the sta... + Enlarge

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Comments

BillMurray says...

The most surprising part (and perhaps a sad reflection of the state) is that the top individual rate starts at $75,000.

Posted 13 February 2018, 5:37 a.m. Suggest removal

RBear says...

This at a time when Trump proposes an infrastructure plan requiring states to pay MORE, not less, to fund infrastructure. Our nation's roads, bridges, airports, and key infrastructure crumble while Republicans, both at the federal and state level, undercut any chances of repairing it. While I agree with Hutchinson on several issues, we see differently on this one.
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Trump stated why infrastructure needs to be funded to help foster more commerce and trade, but he and Republicans do nothing to actually fund it. In fact, his proposal is a sham that not only cuts federal funding, but undercuts regulations needed to protect the areas where the infrastructure is built.

Posted 13 February 2018, 5:59 a.m. Suggest removal

kt2235 says...

The goal is to remind all his rich buddies why they elected him in the first place. Hutchinson for governor! Rah, rah rah!

Posted 13 February 2018, 7:43 a.m. Suggest removal

mozarky2 says...

RBlowhard, the new economy under President Trump's policies is booming!
In January (the first month of the tax cuts) the federal government took in $50 billion more than it spent! It's all part of the plan, RBlowhard, and it's working beautifully!
Hard to believe you dims actually oppose putting more money in people's pockets!

Posted 13 February 2018, 8:58 a.m. Suggest removal

RBear says...

More of moz’s issue illiteracy. Much of that increase came from bonuses which are a one-time payout and not sustained. Projections are that February will run lower as there will not be any bonus payouts. Not sure he understands how that works, but sometimes we have to draw in crayons for him.

Posted 13 February 2018, 10:20 a.m. Suggest removal

GeneralMac says...

Roads seem good in Missouri.

Yet, a PowerBall winner tomorrow night in Arkansas would pay $3,624,000 MORE in state income tax vs a Missouri winner.
Yup, over 3.5 MILLION $$$$$$$$$$$$$ ..........MORE

Posted 13 February 2018, 11:20 a.m. Suggest removal

purplebouquet says...

If I earned $80,000, I would save $45 dollars in income taxes under this proposal. ($5,000 taxed at 6.9%: $345, taxed at 6%: $300. Somebody double check my math, please.) A pittance completely irrelevant to my financial well-being. However, if the collective impact of these tax "breaks" adds up to widespread cuts to public investment, I will have to spend way more than $45 to make up for those shortfalls. Education, road service, public safety, road maintenance, healthcare and a slew of other services are made affordable (relative term, I know) for the population as a whole as a result of taxes. Let's not tax-cut our way into dysfunction a la Oklahoma and Kansas.

Posted 13 February 2018, 11:21 a.m. Suggest removal

GeneralMac says...

Barack HUSSEIN Obama might say..............paying over 3.5 MILLION ..MORE..in Arkansas taxes is " the right thing to do ".( then clench his mouth tight and deliberately make a face at an Arkansas PowerBall winner )

Asa Hutchinson realizes there is a problem when Arkansas state Income tax rates are that much higher than neighboring states

Posted 13 February 2018, 11:25 a.m. Suggest removal

PopMom says...

Arkansas will always be one of the poorest states in the country as long as the schools are in such bad shape. This money should be used to fund education.

Posted 13 February 2018, 11:45 a.m. Suggest removal

RBear says...

Great comment giving the issue context purplebouquet. Can't see ANYONE moving to MO over $45, but the collective amount that would cut into our state's infrastructure is substantial. I agree with PM. We need to invest in the resources before anything. In fact, most of those who would receive the break would agree with you, knowing an educated, healthy workforce is most important.

Posted 13 February 2018, 12:06 p.m. Suggest removal

jamesnkeithgmailcom says...

So who gets to decided the work requirement. Who determines if a person can do work?

Posted 13 February 2018, 1 p.m. Suggest removal

TimberTopper says...

Arkansas, soon to be the new Oklahoma and Kansas of the USA! If ignorance and selfishness continue in the population.

Posted 13 February 2018, 1:25 p.m. Suggest removal

3WorldState1 says...

Purple hit it on the head. If my $45 will help the Trump supporter, working at my house, to get affordable healthcare I'm all for it.

Posted 13 February 2018, 1:30 p.m. Suggest removal

DerbiRider says...

In Republi-land the time for a tax cut is always NOW regardless of war, failing infrastructure, substandard education for our children and workforce, increasing interest rates or the shape of the current economy.

Grover waits with his filled bathtub.

Posted 13 February 2018, 3:30 p.m. Suggest removal

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