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“Pay as you go?” ….well almost

Under the leadership of House Speaker Nancy Pelosi, the house adopted a pay as you go (paygo) rule.  No longer will the House pass the bill to future generations.  Well, almost….
Defense spending such as the war in Iraq is exempt.  You may or may not be aware that the current debt incured to pay for […]

Arkansas Income Tax Rates

Since a reader asked about Arkansas income tax rates, here they are for taxable income.  You do not have to have taxable income though in order to receive tax rebates or EITC’s (earned income tax credits).  For that reason, Arkansas income tax rates are irrelevant to the grocery tax debate.
If your taxable income is between:
$0 and $3,399, your tax […]

Petrus, Critcher doing their job

It’s unfortunate that Beebe is going to stick with his tax cut for everyone (including the Waltons) instead of doing more to the help the working poor.  It’s a no-brainer that more tax relief for the working poor could be granted directly via rebates.  Beebe made a point during the campaign to be responsible by […]