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Arkansas Governor Cuts Taxes Despite Budget Shortfalls

Red River Radio | By Chuck Smith
Published February 6, 2017 at 8:56 AM CST
Courtesy: Office of Arkansas Governor

GOVERNOR'S TAX CUTS - Governor Asa Hutchinson (R) signed a bill into law last Wednesday resulting in $50 million in tax cuts to Arkansans set to go into effect in 2019.  The bill received overwhelming bipartisan support and easily passed in both the house and senate.  The timing of the tax cut bill is a bit awkward as the state finance officials have revealed the state's net revenue has actually fallen $57 million below forecast.  The governor has asked state agencies to make contingency plans in anticipation of budget cuts.  The tax cut bill will go into effect in 2019.
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Local Red River Radio Local News FeatureChuck Smith Red River Radio NewsArkansas Tax CutsAsa HutchinsonGovernor of Arkansas
Chuck Smith
Chuck Smith brings more than 30 years' broadcast and media experience to Red River Radio. He began his career as a radio news reporter and transitioned to television journalism and newsmagazine production. Chuck studied mass communications at Southern Arkansas University in Magnolia and motion picture / television production at the University of California at Los Angeles. He has also taught writing for television at York Technical College in Rock Hill, South Carolina and video / film production at Centenary College of Louisiana, Shreveport.
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