Arkansas
Arkansas Advocates for Children and Families: Arkansas ranks 11th in tax burden on poor
January 16, 2015
Arkansas ranks eleventh in the nation when it comes to taxing the poor. The poorest Arkansans, those making under $9,600 per year, pay two times more in taxes as a percentage of their income than wealthy Arkansans who make over $209,800 per year. A new study released today by the Institute on Taxation and Economic […]
Arkansas Times: The poor hit harder by local taxes; bottom 40 percent left out in Asa tax cut
January 16, 2015
You can go to the Institute on Taxation and Economic Policy for Arkansas-specific information. Arkansas does not make the “terrible ten” most regressive states, where the bottom 20 percent pay almost seven times the percentage of their incomes in taxes as the wealthy. But it doesn’t perform very well. See graphic below. Note that the […]
KNWA: Arkansas Receives Negative Mark On Taxing Residents
January 16, 2015
“A new study released today by the Institute on Taxation and Economic Policy (ITEP) puts Arkansas among the most unfair tax systems in the country. According to the study, Arkansas’s tax system is unfair, or regressive, because the lower someone’s income, the higher their tax rate. This is in part because Arkansas, like most other […]
Arkansas Matters: AR Ranks 11th Nationally for Tax Burden on Poor
January 16, 2015
“Arkansas ranks eleventh in the nation when it comes to taxing the poor. The poorest Arkansans, those making under $9,600 per year, pay two times more in taxes as a percentage of their income than wealthy Arkansans who make over $209,800 per year. A new study released today by the Institute on Taxation and Economic […]
Ozark’s First: Arkansas Receives Negative Mark On Taxing Residents
January 15, 2015
“A new study released today by the Institute on Taxation and Economic Policy (ITEP) puts Arkansas among the most unfair tax systems in the country. According to the study, Arkansas’s tax system is unfair, or regressive, because the lower someone’s income, the higher their tax rate. This is in part because Arkansas, like most other […]
The Motley Fool: The 5 States with the Highest Sales Tax
August 20, 2014
By Jeremy Bowman: Nearly every state in the union charges a sales tax, and the tax levied on goods and services sold at the retail level is just one of many tools states use to collect revenue, along with licensing and taxes on income, corporations, and property. Sales taxes tend to attract less attention than […]
Arkansas Advocates for Children and Families: Arkansas tax system should do more for working families
October 22, 2013
According to a new report from Arkansas Advocates for Children and Families (AACF), tax changes passed during the 2013 session consisted largely of personal income tax cuts benefiting upper-income taxpayers and sales and use tax cuts targeted to specific industry groups. “A Better Foundation: Building a tax system that works for Arkansas families” makes the […]
New Census Bureau data released this month show that the share of Americans living in poverty remains high, despite other signs of economic recovery. The national 2012 poverty rate of 15 percent is essentially unchanged since 2010 , but still 2.5 percentage points higher than pre-recession levels. This means that in 2012, 46.5 million, or about 1 in 6 Americans, lived in poverty.1 The poverty rate in most states also held steady with five states experiencing an increase in either the number or share of residents living in poverty while only two states saw a decline.2
The City Wire: Some studies note impact of tax holiday promote spending
August 1, 2013
One back-to-school ritual designed to boost consumption will occur this weekend starting Saturday (Aug. 3) and ending Sunday (Aug. 4), as consumers may take advantage of a statewide tax-free holiday.
Jackson Clarion Ledger: A Mississippi sales-tax holiday primer
July 26, 2013
(Original Post) If you’re looking to save money on many kinds of clothing and footwear – but not school supplies – then the next two days are for you. Friday and Saturday will mark this year’s installment of Mississippi’s sales tax holiday, in which the state’s 7 percent sales tax will be generally waived on […]
McClatchy-Tribune: States expand sales tax holidays beyond back-to-school items
July 22, 2013
Many states with back-to-school sales tax “holidays” are expanding them to cover almost any purchase, in addition to the usual kids’ clothing, shoes, books and school supplies. As schools and students replace ink and paper with pixels, some states are expanding their holidays to cover sales taxes on low-cost computers and tablets. These electronics […]
Public News Service: Supporters say Immigration Reform Would Boost Ark. Economy & Tax Revenue
July 12, 2013
(Original Post) LITTLE ROCK, Ark. – Supporters of immigration reform say it would not only help the Arkansas economy, it would also bring in millions more in state and local taxes. According to the non-partisan, non-profit Institute on Taxation and Economic Policy, Arkansas already collects more than $70 million a year from undocumented immigrants, and […]
UALR: Immigration Reform Could Boost Arkansas Revenues
July 11, 2013
(Original Post) By MALCOLM GLOVER A recent analysis by a liberal-leaning think tank estimates that undocumented immigrants pay $72.4 million a year in state and local taxes in Arkansas. Supporters of immigration reform efforts in the U.S. hold a rally in Washington, D.C. and urge Congress to pass legislation. The report from the Institute on […]
Arkansas Times: Immigration reform would be good for the economy
July 10, 2013
Original Post July 10, 2013by Max Brantley Arkansas Advocates for Children and Families cites the benefits of immigration reform that would legalize more of the people already at work and building families in the U.S. With fiscal costs and benefits figuring large in the immigration reform debate, a new analysis estimates that undocumented immigrants are […]
Stateline: States Expand Sales Tax Holidays Beyond Back-to-School Items
July 10, 2013
(Original Post) By Elaine S. Povich, Staff Writer A crowd of about 100 line up outside of the Apple Store in the Saddle Creek shopping center in Germantown, Tenn., to get a head start on last year’s tax free weekend. (AP) Many states with back-to-school sales tax “holidays” are expanding them to cover almost […]
Gulf Coast News Today: We are conservative, Republican, religious
July 8, 2013
Steve Flowers Inside the Statehouse A recent survey rated Alabama as the most conservative state in the Union. More than half of our residents describe themselves as politically conservative. The poll was done by the vaunted Princeton, New Jersey Gallup polling firm. Four of our sister states, Mississippi, South Carolina, Louisiana and Arkansas, also […]
Arkansas Times Record: Arkansas Legislature: Bill To Cut State Income Tax Advances
April 2, 2013
(Original Post) 2:07 pm – March 26, 2013 — Updated: 12:14 am – March 27, 2013 By John Lyon Arkansas News Bureau [email protected] LITTLE ROCK — A proposed $57 million state income tax cut cleared a House panel Tuesday. House Bill 1585 by Rep. Charlie Collins, R-Fayetteville, received a “do pass” recommendation from the House […]
Arkansas Advocates for Children and Families: Benefits of HB 1585 go mostly to wealthy
March 27, 2013
According to an analysis by the Institute on Taxation and Economic Policy (ITEP), House Bill 1585 would target personal income tax relief to Arkansas taxpayers who make over $155,000 per year (the top five percent of earners). This group would receive one-half (50 percent) of the total benefits resulting from the tax cut. That’s compared […]
Associated Press: Ark. panel advances income, capital gains tax cuts
March 27, 2013
By Andrew De Millo on March 27, 2013 LITTLE ROCK, Ark. (AP) — Proposals to cut Arkansas’ income and capital gains taxes won a House panel’s support Tuesday, as legislative leaders say they’re nearing agreement on a $100 million package of reductions that may depend in part on approving an expansion of health insurance for […]
The Town Talk: Louisiana’s tax code and proposal draw warning
February 1, 2013
Written by Mike Hasten Gannett Louisiana BATON ROUGE — Louisiana’s current tax structure is unfair to low- and middle-income families, a study examining tax structures says, and the tax revision plan pushed by Gov. Bobby Jindal would make it worse. Matthew Gardner, head of the Institute on Taxation and Economic Policy and lead investigator on […]
Knox News: TN Taxes Hardest on Middle and Low-income Families
January 31, 2013
Nashville, Tennessee – Like most state tax systems, Tennessee takes a much larger share from middle- and low-income families than from wealthy families, according to the fourth edition of Who Pays? A Distributional Analysis of the Tax Systems in All 50 States, released today by the Washington-based Institute on Taxation and Economic Policy (ITEP) and […]
Pacific Business News: Hawaii’s poorest residents pay highest share of income in taxes
January 30, 2013
(Original Post) Jan 30, 2013, 12:17pm HST Staff Pacific Business News Low- and middle-income families in Hawaii pay a larger share of taxes than the top 20 percent of earners in the Islands, ranking the state the fourth worst in the nation with a tax system that favors high earners, according to a study released […]
Arkansas Times: Who pays taxes?
January 30, 2013
(Original Post) Posted by Max Brantley on Wed, Jan 30, 2013 at 9:56 AM Arkansas is on the cusp of a Republican-led charge to reshape taxation. Where they don’t want to cut taxes, they want to dramatically reduce the burden on wealthy taxpayers, by reducing or eliminating the tax on unearned income and by reducing […]
Honolulu Star Advertiser: Hawaii among most regressive states for taxation
January 30, 2013
(Original Post) By Erika Engle POSTED: 08:07 a.m. HST, Jan 30, 2013LAST UPDATED: 08:07 a.m. HST, Jan 30, 2013 Hawaii has been declared one of the “Terrible Ten” most regressive states for tax laws, by the nonpartisan Institute on Taxation and Economic Policy, based in Wash., D.C. An ITEP study released today found that Hawaii […]
Chicago Magazine: Illinois- The Fourth Most Regressive Taxes in America
January 30, 2013
(Original Post) Posted today at 11:21 a.m.By Whet Moser One of the ongoing complaints about Illinois’s tax system—besides general complaints about it being too high for everything—is its prairie flatness, which is unusual among states. One complaint is that it hits low-income taxpayers hardest (Naomi Jakobsson, D-Urbana, has proposed a graduated tax); the other is […]
