Summary of Tax Cuts
Since 2015, the Hutchinson Administration has led the effort to pass legislation providing a total of more than $150 million income tax relief to 1.3 million Arkansans.
In 2017, the Governor signed legislation eliminating the income tax on military retirement pay, known as the Retired Military Tax Cut.
In 2017, Governor Hutchinson signed the second largest cut to the income tax rate in Arkansas history—$50M. This cut targeted low income Arkansans.
In all, 90% of the state’s individual income taxpayers will benefit from substantive tax relief legislation since Governor Hutchinson took office in 2015.More Info
In 2015, Governor Hutchinson fulfilled his top campaign promise by signing the Middle Class Income Tax Cut of $102M, the largest cut to the income tax rate in Arkansas history.