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Issue Position: Tax Cuts

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Location: Unknown

A weakened and uncertain economy restricted much of what we could do, especially in terms of tax cuts. Two years ago, lawmakers passed the largest tax cut in Arkansas history, a total of $319 million through cuts in property taxes, income taxes on the working poor, and a cut in the state sales tax on groceries. We didn't have that luxury this time, but we were able to take another penny off the state sales tax on groceries. That rate has gone from 6 cents on the dollar to 2 cents in two years. We also were able to give manufacturers another tax break on the energy they consume. This is an effort to save critical manufacturing jobs in Arkansas.


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