by Roby Brock (roby@talkbusiness.net)
Senate President Bart Hester, R-Cave Springs, said this week’s special session on tax cuts and the Freedom of Information Act (FOIA) won’t be the last time the state legislature takes up the two issues.
Appearing on this week’s edition of Talk Business & Politics and Capitol View, Hester said additional tax cuts will likely be contemplated in the April fiscal session.
Arkansas lawmakers dropped the state’s top personal income tax rate from 4.7% to 4.4% and the state’s top corporate income tax rate from 5.1% to 4.8%. Legislators also provided a $150 one-time tax credit ($300 per family) to those making roughly $90,000 or less.
Sen. Bart Hester, R-Cave Springs.