Ozark’s First: Arkansas Receives Negative Mark On Taxing Residents
media mention“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 states, relies more heavily on sales taxes to raise revenue and relies less on personal income taxes, which tend to be more progressive.”