- United States
- Ark.
- Letter
I’m not against a tax cut.
But also, the state didn’t have money to loan a municipality recently that needed to expand its sewer.
It’s for bentonville. The city had to get a loan from local billionaires.
That’s great for Bentonville. I suppose. But it’s a new track for sure.
I think a smarter approach would be a discussion, rather than a special session that costs $250k in additional travel expenses.
I would rather the state, the people, fund infrastructure. Long term that’s best.
What’s worse is reducing our revenue, then being dependent on particular families with funds that may or may not want to loan it.
I realize the tax cut is for the top bracket, which starts at $25k. lol.
Make the top bracket $250k plus and increase the tax rate.
That’s still positive for 99% of your constituents.
People paying an extra 1-2% on amounts above $250k have the disposable income to do so and they are making that money because of opportunity the state has offered.
It’s fair. Anyone making over $250k will pay the tax.
Perhaps then you will have funds to fund the daycare vouchers. It’s a major problem for families and business that you aren’t.
But you fund for private schools with no income limitations?
You guys need to do a better job. You can’t just cut taxes in special session until the end of times and expect things to work out well.
We need real fiscal governance, not tax cut favors.
I’m a banker, any entity I saw cutting revenue so irresponsibly would not be considered smart borrower.
Here you are doing it as a favor so you get re-elected.
Good luck.