New Tax Proposed

Thursday, August 24, 2017

 

 


A state lawmaker proposes a voluntary tax to help support state parks, Medicaid, or the Department of Mental Health. Representative Tommy Hanes, of Bryant, introduced House Bill five. The bill would add a check-box to state income tax returns for the voluntary taxes. In 2015, when the state faced a $200,000,000 deficit, five state parks were closed, and Medicaid and the Mental Health Department didn’t get the budget increases that they asked for. State tax returns already have similar voluntary taxes that bring a combined $220,000 in extra revenue. The bill is scheduled to be formally introduced in January of next year.

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