Arkansas Democrat-Gazette: State Finance Official Says 200,000 Filers Would See Tax Increase in Plan’s Current Form; Governor Wants Fix

Rep. Lane Jean, R-Magnolia, said he started digging last month into a written analysis of the plan given by Lisa Christiansen Gee, senior policy analyst at the Institute on Taxation and Economic Policy in Washington, D.C. The analysis, given to the task force last fall, suggested some taxpayers would pay more in net income taxes under the proposal.

Gee said Thursday in a telephone interview that she concluded that about 199,000 taxpayers would pay about $47 million more in total income taxes, which is an average of $240 more a year.

The increased taxes ranged from an average of $74 more a year for people who have between $22,000 to $36,000 in total income, to $292 more a year for people with $93,000 to $199,000 in total income, she said.

She said she received a phone call last month from Richard Wilson, assistant director of research for the Bureau of Legislative Research, asking questions about her analysis. Read more

---