Tomorrow is the Defending the American Dream Summit in Little Rock~join America’s foremost free-market voices, top experts on grassroots mobilization, and Arkansas’ grassroots leaders from across the state in a massive show of force for our shared belief in lower taxes and more limited government.
Register at www.ardream.org
A Union that Get's It
There is gallons of brouhaha brewin over tax cuts here in our not so fair (tax) state. A pint of tax cuts have passed though the Arkansas House and Senate. Four tax cut measures have passed the House (HB1002, HB1052, HB1056 & HB1369) and three the Senate (SB274, SB275, & HB276).
The National Taxpayers Union is a union I can believe in. Yesterday they sent an open letter to Senator Larry Teague ,(D-Nashville), Chairman of the Senate Committee on Revenue & Tax, and the members of that committee who will be hearing HB1002, the Capital Gains Tax Cut probably some time next week.
You can read the entire letter here. The correspondence points out the fact that Arkansas’ state and local tax burden as a percentage of state income is the 14th highest in the nation and higher than any of its neighbors. And Arkansas’ business tax climate ranks only 40th out of 50" . We share borders with a state without an income tax (Texas) and a state without a broad-based wage tax (Tennessee).
It goes on to explain, "HB 1002 would significantly strengthen Arkansas’ tax competitiveness. By eliminating the tax on capital gains generated by property and new investments in the state" enhancing business activity and employment opportunities.
These are important fact that the MSM seems to be negating in their coverage, just like the letter I posted from Rep. Ed Garner yesterday.
I encourage you to contact the members of this committee and express to them respectfully your desire for Arkansas to be competitive in business and help alleviate some of the tax pressures on those that provide jobs and the families of our state.
FACT MATTER~ GET INFORMED AND ENGAGED
TODAY AT THE CAPITOL
Watch Live HERE ----> www.arkansashouse.org
Today's Calendar --> http://www.arkleg.state.ar.us/assembly/2011/2011R/Pages/Home.aspx