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Arkansas

LiberalArkie

(15,719 posts) Mon Mar 23, 2020, 06:15 PM Mar 2020

0

Governor: State facing $350 million revenue shortfall by June 30, which will require a special sessi

Gov. Asa Hutchinson announced these key points:

Because for the layoffs and other business slowdown, the state expects a $160 million reduction in state revenue through the end of the fiscal year June 30.

He and legislative leaders have decided the state should delay the state income tax filing and payment deadline to July 15, to mirror the delay in federal tax returns.

“This should provide relief and consistency for Arkansas taxpayers,” he said.

Snip

https://arktimes.com/arkansas-blog/2020/03/23/coronavirus-count-in-arkansas-174-in-33-counties

2 replies

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Governor: State facing $350 million revenue shortfall by June 30, which will require a special sessi (Original Post) LiberalArkie Mar 2020 OP

Sales tax revenues customerserviceguy Mar 2020 #1

I'm heartbroken for him Aquaria Mar 2020 #2

customerserviceguy

(25,183 posts)

1. Sales tax revenues

Reply to LiberalArkie (Original post)

Mon Mar 23, 2020, 06:56 PM

Mar 2020

have to be hurting like hell. And income tax withholdings have to be down as well, as people lose paychecks.

Aquaria

(1,076 posts)

2. I'm heartbroken for him

Reply to LiberalArkie (Original post)

Mon Mar 23, 2020, 08:55 PM

Mar 2020

This is what those yahoos voted for. They wanted low taxes and crap services.

They should have been careful what they asked for.

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