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Arkansas Prepares for $35 Million Tax Cut Package That Will Help People Instead of Hurting Them

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Post by js123 Sun Mar 20, 2011 11:45 pm

Democrat Gov. Mike Beebe will be helping many in his tax cut program. This news is much better to what we are hearing in Washington.

"Arkansas has escaped the fiscal problems plaguing many other states partly because of the state's budgeting system, which requires that spending priorities be linked directly to expected revenues.

The tax cuts this year may mean that a proposed cost-of-living increase for state workers may be limited to lower-paid employees.

Aside from the grocery tax cut, lawmakers are expected to approve cutting taxes for manufacturers' utilities, single parents and used car sales. They're also planning to institute an annual back-to-school sales tax "holiday" and expand a tourism-related tax exemption."

http://www.aolnews.com/2011/03/20/arkansas-prepares-for-35-million-tax-cut-package/

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Arkansas Prepares for $35 Million Tax Cut Package That Will Help People Instead of Hurting Them Empty Re: Arkansas Prepares for $35 Million Tax Cut Package That Will Help People Instead of Hurting Them

Post by Guest Mon Mar 21, 2011 12:26 am

What a novel concept, preparing a budget on expected revenues. Granted different states have different problems, different requirements for services, but still, the people who need it most seem to be getting consideration here.

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