http://www.arktimes.com/ArkansasBlog/archives/2012/11/15/beebe-budget-continues-to-pare-sales-tax-on-food Comments On: Beebe budget continues to pare sales tax on food by Max Brantley en-us Copyright 2013 Arkansas Times. All rights reserved. This RSS file is offered to individuals, Arkansas Times readers, and non-commercial organizations only. Any commercial websites wishing to use this RSS file, please contact Arkansas Times. robert@arktimes.com (Arkansas Times Webmaster) Mon, 20 May 2013 00:00:01 -0500 Mon, 20 May 2013 03:30:00 -0500 Foundation http://blogs.law.harvard.edu/tech/rss
When they say "the American people" they mean the wealthy, not the rest of us.
Posted by rablib]]> Fri, 16 Nov 2012 04:48:18 -0600 Arkansas Times
Every state has a different mix of taxes between income tax, utility taxes, resouirces taxes (we blew that one with a very cheap rate while Texas lives off gas and oil), business taxes, and miscellaneous taxes. Out tax program used to be called a 3-legged stool-personal taxes, business taxes, and sales, dividend, use, misc taxes. The bottom was pulled out of the stool by the business taxes being reduced and the dividend taxes and inheritance taxes cut so it falls on those who actually work with their hands, the only real "workers" in the state.

Bush 2 proved beyond any doubt (scientifically, by faith, or any other mood stone you want to use) that lowering the tax rates on the rich doesn't create jobs but actually costs jobs as it strangles government beyond its abiklity to provided services but it does make the rich richer so they can buy another whore, er, legislator.
Posted by couldn't be better]]> Thu, 15 Nov 2012 12:24:41 -0600 Arkansas Times >or, worse for state revenue, a change in the state income tax that also produces a windfall for the wealthy.<

Those windfalls for the rich are the bread n' butter of what many of them ran on inasmuch that they knew who paid for their attack ads, donated heavily to their campaigns. Reducing taxes on the upper 1% will not create jobs. If anything it will result in job losses as counties do not receive turnback funds must lay off workers. The same with state employees.

"8,647 persons receive 40% of all Arkansas income."
--state senator-elect, Uvalde Lindsey

You think the US' 1% is concentrated, the above number represents 7/10 of 1%.

Additionally, there's $2.1 BILLION in what would be tax revenue exempted from Ark sales and income tax. That would more than pay for Medicaid shortfall and highway improvements.
Posted by eLwood]]> Thu, 15 Nov 2012 11:41:40 -0600 Arkansas Times