Gov. Sarah Huckabee Sanders said Tuesday she’ll call a special session next week to cut income and property taxes and fund the Arkansas Game and Fish Commission.
Sanders plans to cut income taxes by nearly $500 million and property taxes by about $50 million, according to a social media post she published late Tuesday afternoon. Sanders previously said she wants to phase out the state’s income tax, as long as it can be done responsibly.
“I’m calling a special session to give Arkansans hurting from Bidenflation income and property tax relief … Democrats in DC are failing, but we are blazing a path to greater prosperity for our people,” she wrote.
According to a proclamation issued Tuesday evening, the General Assembly will convene at noon Monday to consider the following items:
• Lowering the top individual income tax rate from 4.4% to 3.9%
• Cutting the top corporate income tax rate from 4.8% to 4.3%
More here from the Arkansas Advocate
