Arkansas sees tax revenue jump by 6.4%
LITTLE ROCK, Ark. (KAIT) – Despite higher prices, Arkansas businesses and consumers have been thriving. In the Arkansas Department of Finance and Administration’s December report, fiscal year-to-date Arkansas tax revenue totaled $4.15 billion, up 6.4% compared with the same period in 2021, and 3.3% above the projected forecast. Individual income tax revenue in the first […]
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Arkansas lawmakers give first OK to $500M tax cut package
LITTLE ROCK, Ark. (AP) – Arkansas lawmakers have given initial approval to a $500 million tax cut package. The majority-Republican House and Senate on Wednesday, Aug. 10 approved identical versions of bills outlining the tax cuts proposed by GOP Gov. Asa Hutchinson. Hutchinson called a special session to take up the tax cuts after the […]
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Don’t forget: Tax-free weekend in Arkansas
A child browses school supplies at a Walmart location. Photo: Patrick T. Fallon/Bloomberg via Getty Images If you’ve been putting off a purchase, there may be a slight price break this weekend. What’s happening: Arkansas’ tax-free holiday runs Aug. 6-7 (midnight to midnight). Why it matters: Just in time for back-to-school inflation, the holiday aims […]
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The new cost of Walmart’s transportation
Some Walmart suppliers will have to shell out more money to make a profit, according to a document exclusively seen by Axios. What’s happening: The retailer will begin charging a sliding fee to suppliers that rely on its fleet to move their goods to Walmart distribution centers or stores. The extra line item, along with […]
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