Arkansas Tax Cutters
Gov. Hutchinson wants to make his state more competitive.
Democrats around the country want to raise taxes, but Arkansas has a better idea. As Gov. Asa Hutchinson begins his second term, he and the GOP Legislature are moving to make the state more economically competitive with an ambitious tax reform.
The state Senate in Little Rock this week passed what would amount to the second-largest income-tax cut in Arkansas history. The proposal is especially notable because it would cut tax rates for the highest earners—households with an income of $80,500. The top marginal rate would fall...