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Senator Withdraws Push to Eliminate Income Tax, Moves Proposal to Study
Summary
Sen. Garner withdrew his proposal to eliminate the individual income tax and moved it to an interim study after DFA presented an estimated multi‑billion‑dollar revenue impact. The committee discussed phased approaches and potential offsets but took no further action this session.
Senator Garner withdrew his bill to eliminate Arkansas’s individual income tax and asked that the measure be sent to an interim study rather than advance this session. Garner framed the goal as a long‑term priority to make Arkansas more competitive, but said the short‑term budgetary consequences would be severe.
"If you pass this bill today, it probably put a severe strain on our budget moving forward and…
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