tax-forms

Trading Bad Policy for Good Policy in Arkansas

Last week, Senator Lance Eads and Representative Andy Davis introduced Senate Bill 362 (SB362) in Arkansas. The bill, if adopted, would eliminate Arkansas’s investment credit, known as InvestArk, in exchange for fixing the way that repair parts for manufacturing and machinery are taxed in Arkansas. This tax change, if adopted, would help correct one of the worst provisions in Arkansas’s tax code.

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