This morning Senator Jason Rapert (R-Bigelow) filed SJR4, the Taxpayers’ Protection Amendment.
Under his amendment a ¾ vote of the Arkansas Legislature would be necessary to levy a new tax or raise existing taxes.
A simple majority vote would allow the legislature to lower taxes or change tax deductions, exemptions, exceptions, or credits.
Senator Rapert filed a similar amendment two years ago.
Please contact your lawmakers, and ask them each to support Senator Rapert’s amendment.
- The phone number for the Arkansas Senate is 501-682-2902.
- The Arkansas House of Representatives is 501-682-6211.
“Can a people tax themselves into prosperity? Can a man stand in a bucket and lift himself up by the handle?” –Winston Churchill, Speech at the Free Trade Hall, Manchester, England (1904)
Many are calling yesterday’s healthcare ruling upholding Obamacare as a “tax” the largest tax-increase in history. It may very well be that, if implemented, by the end of this decade we will look back on Obamacare and its bureaucracy and see that it certainly was the largest tax-increase in U.S. history. However, Politifact.com is reporting that, at the very least, Obamacare is the largest tax-increase in two decades.
Over at The Arkansas Project, blogger David Kinkade assesses the impact of the “Amazon Sales Tax,” which was passed by the legislature and signed into law by Gov. Beebe earlier this year. Read his analysis by clicking here.