By Caleb Taylor Arkansas Tax Reform and Relief Legislative Task Force members discussed three tax credits for possible elimination on Monday, October 29th. The three insurance premium tax credits include the New Market Tax Credit ($16 M), the Low-Income Housing Tax Credit ($1 M) and the Home Office Tax Credit ($61 M). In total, these […]
Tax Reform Task Force Takes a Good Look at 3 Ways to Cut the Income Tax
By Caleb Taylor And then there were three. Three tax reform proposals were selected by the Arkansas Tax Reform & Relief Task Force as worthy of further study by outside consultants on June 26th. Income Tax Proposals The three proposals include a plan previously announced by Gov. Asa Hutchinson and two new plans. Hutchinson’s plan […]