Asa Hutchinson tax increase decrease shellgame.mp4
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 “revenue neutral.” Later we learned the plan became an overall tax increase of $5.9 million a year. Senator Jim Hendren, Asa’s nephew, designed and chaired the tax task force to repeat his uncle’s plan of tax shifting (revenue neutral) ideas.
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