Arkansas Democratic Party Chair Says Hutchinson Tax Cut Plan Is “Irresponsible”

Arkansas Democratic Party Chairman Michael John Gray, D-Augusta, told Talk Business & Politics that Gov. Asa Hutchinson’s newly proposed tax cuts were irresponsible government, noting several state agencies are already reducing budgets and services.

Hutchinson’s push to lower the state’s top income tax rate from 6.9% to 6% would cut an estimated $180 million in state revenue, if it were to be done all at once. Also, the Arkansas Department of Finance and Administration (DFA) estimates that 162,000 Arkansans would be eligible for the top tier reduction.

“Cutting income tax sounds good and all, but (Gov. Hutchinson) said nothing about how we are going to take care of state highways and pre-K education funding,” said Gray. “This will lead to more budget cuts in the future.”    MORE

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