by Roby Brock (roby@talkbusiness.net)

State Sen. Jonathan Dismang, R-Beebe, says he’s comfortable accelerating tax cuts the governor wants to speed up with a $1.6 billion surplus on hand and money in a state rainy day fund, but he’s hesitant to commit to new expenses, including teacher salaries until more data is collected.

Appearing on this week’s edition of Talk Business & Politics, Dismang said he also wants constituents to be reminded there have been other tax cuts for low- and middle-income Arkansans that have already taken place.

“We’re accelerating. We’ve already put, in fact, as far as January 1st, 2022, a low-income tax cut and a middle-income tax cut. When we combined the [tax] tables, those totaled roughly, if I remember correctly, about $150 million alone for all those individuals that were making less than $84,000 a year,” he said.

https://talkbusiness.net/2022/07/budget-chair-says-guardrails-in-place-for-accelerated-tax-cuts/