Little Rock, flush with money, bucks trend | Arkansas Blog

Tuesday, September 27, 2011

Little Rock, flush with money, bucks trend

Posted By on Tue, Sep 27, 2011 at 6:44 AM

The New York Times today reports gloomy news for the nation's cities, battered by declining property values (source of property taxes) and also sales tax revenues hit by the Internet and the recession. Jobs and services are being cut.

Not here in Little Rock, of course. It soon will be collecting an additional $1 million per week in sales taxes on groceries and everything else. It's so flush that it has money to raise everybody's pay and pension and still have extra to give away in corporate welfare handouts. If North Little Rock Mayor Pat Hays is successful, higher taxes will soon have North Little Rock rolling in dough, too, though it's always had the benefit of a lucrative hidden tax on electricity to shore it up against hard times.

Surely prosperity will follow.

Tags: , ,


Comments (10)

Showing 1-10 of 10

Add a comment

Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

Readers also liked…

  • Police identify two women found fatally shot on Chicot Road

    Little Rock police have identified two women found dead of gunshot wounds in an SUV parked next to a vacant trailer in a mobile home park at 11500 Chicot Road.
    • May 16, 2017
  • Trump tariffs hit farmers hard

    Well, the trade war has begun and the early returns for farmers are not good — sharp reductions in the prices for soybeans and corn. You may have heard that Arkansas, which overwhelmingly supported Donald Trump, has some agricultural interests, particularly in soybeans.
    • Jul 6, 2018
  • Today in Trump: Obstruction of justice anyone?

    It's the New York Times with the news today. Fired FBI Director James Comey kept notes of his talks with Donald Trump. A memo he wrote in February after a meeting with Trump said the president asked him to shut down the investigation into Michael Flynn, his former national security adviser.
    • May 16, 2017


  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments


© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation