The Two-Four-Five Point Nine Plan
“There is significant evidence that reductions in marginal state tax rates encourage state economic growth …Rates on productive behavior should be reduced.” “Reduce the state’s income tax.” Policy Foundation, Murphy Commission project, 1998 (January 30, 2019) A fiscal proposal by Gov. Asa Hutchinson and state legislators is being described as the “two-four-five point nine” (2-4-5.9) […]