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Arkansas governor signs bill cutting top income tax rate
Associated Press: Arkansas’ governor on Tuesday signed into law his $97 million plan to cut the state’s top income tax rate, and said he wants legislators to address highway funding before looking at any other tax reductions during this year’s session.
Republican Gov. Asa Hutchinson signed the bill outlining his proposal to cut the state’s top income tax rate from 6.9 percent to 5.9 percent over the next two years. The proposal won final approval last week in the majority-Republican Legislature.
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