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Tax cut plan sails through Arkansas legislative committees as special session begins

May 4, 2026
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Arkansas lawmakers advanced what would be the state’s fourth income tax cut in four years Monday despite critics’ warnings that reducing revenue could jeopardize social services. Senate Bill 1 and House Bill 1001 would cut the top individual income tax rate from 3.9 to 3.7 retroactive to Jan. 1, 2026, and the corporate tax rate []

Arkansas Advocate
Arkansas Advocate

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