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Asa Hutchinson tax increase decrease shellgame.mp4

Kenny W
Kenny W - 432 Views
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432 Views
Published on 31 Jan 2019 / In News and Politics

Arkansas Governor Asa Hutchinson revealed his income tax reduction plan to reduce the income tax rate for the state from 6.9% to 5.9% during the Arkansas Legislative Session

Although the plan itself appears to be sound, it leaves out the tax increases that the Governor supports such as the internet tax and the tax on gasoline. During the last legislative session, Governor Asa Hutchinson refused to support tax relief for military retirement unless the bill included enough new taxes to make the plan โ€œrevenue neutral.โ€ Later we learned the plan became an overall tax increase of $5.9 million a year. Senator Jim Hendren, Asaโ€™s nephew, designed and chaired the tax task force to repeat his uncleโ€™s plan of tax shifting (revenue neutral) ideas.

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