Arkansas priorities: Cash for the rich, nothing for school teachers or anyone else at bottom of the scale


A rear guard action — meaning by minority Democrats and the occasional rational thinker — is underway to deter Governor Hutchinson and the legislature from focusing a special session entirely on income tax cuts for the rich while doing nothing for public services, particularly a pay raise for school teachers.

One rational person, as Twitter shows, is the governor’s nephew, former Republican Sen. Jim Hendren, now an independent.

Democratic Sen. Joyce Elliott, a former teacher, tosses some facts into the mix.

The progressive group, ForARPeople, in encouraging a petition campaign on behalf of teachers, highlights the rich part-time pay of legislators (enhanced for most by $10,000-$15,000 in tax-free per diem bonuses for turning up at committee meetings — or not turning up if you are entitled prigs like Alan Clark.)

Again, the simple rundown on Arkansas legislative priorities, based on the reported  income tax cut agreement worked out between the governor and legislature:

State surplus this year, plus accrued catastrophic reserve:

$3 billion

Cost of cutting the top income tax rate from 5.5 to 4.9 percent retroactive to Jan. 1:

$449 million this year. With tens of millions more in coming years.

Percentage going to the top 15 percent of taxpayers:

91 percent

Percentage going to the top 5 percent of taxpayers

68 percent

Percentage going to people making between $40,000 and $80,000

9 percent

Percentage going to 771,000 taxpayers (and probably a lot more based on last year’s figures) who make less than $40,000,

ZERO

Median household income in Arkansas

$49,000

Pay raises proposed for Arkansas teachers

ZERO

Increased spending proposed for food, health, housing, daycare and other needs of low-income families and new mothers, a number to increase with legal abortion now banned

ZERO

Elections matter.

 

 

 




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