Gov. Sarah Huckabee Sanders Touts Tax Cuts, Budget Tightening,
and Support for Trump
Arkansas Gov. Sarah Huckabee Sanders on Wednesday signed into law identical bills that will reduce the state’s top individual income tax rate from 4.4% to 3.9% and the state’s top corporate income tax rate from 4.8% to 4.3%, both retroactive to Jan. 1, 2024.
Gov. Sanders also signed into law identical bills that will increase the state’s homestead property tax credit from $425 to $500 per parcel, effective in assessment years beginning on or after Jan. 1, 2024.
“With household staples like milk, eggs and bread up over double-digits over the last three years, these savings are more important than ever before,” she said. “And as our tax rates shrink, everything else is growing: our population, our labor force and our economy as a whole.”
On Sunday, Governor Sarah Huckabee Sanders sat down with Roby Brock to discuss the special session, tax cuts for Arkansans, and her support for President Trump.
You can watch the full interview here.
Watch the Governor's Press Conference following the bill signing here.
Read more about the special session and tax cuts here, and here.
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