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Arkansas income tax rate in 2026
5
Arkansas•Arkansas Legislature•Sarah Huckabee Sanders•Southern•Sanders•Arkansans•Arkansas House•Senate
Resolution / Starting Odds
3.9% • 33%
Lower than 3.9% • 33%
Higher than 3.9% • 34%
Arkansas Department of Finance and Administration
Story
Arkansas Legislature Approves Major Tax Cuts, Saving $800 Million and Lowering Income Tax to 3.9%
Jun 19, 2024, 11:08 PM
Arkansas lawmakers have advanced tax-cut bills. The Arkansas Legislature has approved a bill that would save taxpayers more than $800 million over the next two years. Governor Sarah Huckabee Sanders recommended the tax code changes during a special session called on June 11. The new legislation lowers the state's income tax rate to 3.9%, making it the lowest among Southern states with an income tax. Since taking office last year, Governor Sanders has cut income taxes three times, returning half a billion to Arkansans. The Arkansas House and Senate passed identical tax cut bills with only a few lawmakers opposing. The governor has signed the income and property tax cuts into law.
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28% • 25%
Higher than 28% • 25%
Other • 25%
2.6% - 5% • 25%
5.1% - 10% • 25%
10.1% - 15% • 25%
Above 15% • 25%
No change • 25%
Reduced to below 30% • 25%
Reduced to between 30% and 44% • 25%
Increased above 45% • 25%
Tax hikes implemented as planned • 33%
Tax hikes partially rolled back • 33%
Tax hikes completely rolled back • 34%
Increase in tax rates • 33%
Decrease in tax rates • 33%
No significant change • 33%
Tax cuts extended • 25%
New tax cuts introduced • 25%
Tax increases implemented • 25%
No significant changes • 25%
Top 1% see largest tax increase • 33%
Middle class see largest tax increase • 33%
Lower class see largest tax increase • 33%