{"id":256,"date":"2017-01-12T18:11:19","date_gmt":"2017-01-12T18:11:19","guid":{"rendered":"http:\/\/arknews.org\/?p=256"},"modified":"2017-01-22T03:04:32","modified_gmt":"2017-01-22T03:04:32","slug":"alternative-bill-to-help-low-income-workers-filed","status":"publish","type":"post","link":"https:\/\/arknews.org\/index.php\/2017\/01\/12\/alternative-bill-to-help-low-income-workers-filed\/","title":{"rendered":"Alternative bill to help low-income workers filed"},"content":{"rendered":"
SABIN: Here (right) with Rep. Stephen Magie (D-Conway)<\/figcaption><\/figure>\n

 <\/p>\n

Rep. Warwick Sabin (D-Little Rock) has filed alternative legislation to Governor Hutchinson\u2019s proposed $50 million tax cut on Arkansans who earn less than $21,000. The Working Families Opportunity Act<\/a> would establish a state Earned Income Tax Credit.<\/p>\n

\u201cI strongly believe that the Earned Income Tax Credit is a more effective way to deliver tax relief to lower income Arkansans,\u201d Sabin said. \u201cIt really helps move people out of poverty. It helps remove dependence on social services.\u201d<\/p>\n

Sen. Jake Files (R-Fort Smith), who chairs the Senate Revenue and Tax Committee has filed the same bill in the Senate. Rep. Joe Jett (R-Success), chair of the House Revenue and Tax Committee, has agreed to be added to the bill as a co-sponsor, according to Sabin. Sabin filed similar legislation during the 90th<\/sup>\u00a0General Assembly in 2015.<\/p>\n

A federal EITC has been in place since the 1980s and was championed by President Ronald Reagan. The EITC provides an incentive for work because the credit amount rises\u00a0as income increases.<\/p>\n

The Working Families Opportunity Act would create a refundable credit equal to 5 percent of the federal EITC.<\/p>\n

Rep. Charlie Collins (R-Fayetteville) said he opposes an Arkansas EITC.<\/p>\n

\u201cIt is the best way of giving welfare. We\u2019re acting like it\u2019s a new improved method for doing an old broken thing, but we insist on keeping the old broken thing going at full bore \u2026 while we also bring in a new pretty machine and say pay for that too.\u201d<\/p>\n

\u201cThe Earned Income Tax Credit has no chance to get out of this assembly,\u201d Sen. Bart Hester (R-Cave Springs) said. \u201cWe\u2019re already doing a tax cut for the lower income workers and at some point everybody\u2019s got to have skin in the game somewhere.\u201d<\/p>\n

Collins said he is open to the governor\u2019s proposed legislative task force on tax reform taking up the topic of how to reform and restructure taxes and welfare, including an EITC.<\/p>\n

Twenty-six states plus the District of Columbia have established their own EITCs, according to the Center on Budget and Policy Priorities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rep. Warwick Sabin (D-Little Rock) has filed alternative legislation to Governor Hutchinson\u2019s proposed $50 million tax cut on Arkansans who earn less than $21,000. The Working Families Opportunity Act would establish a state Earned Income Tax Credit.<\/p>\n","protected":false},"author":4,"featured_media":259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[17,30,29,26,20,28,18,23],"class_list":["post-256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arkansas-general-assembly","tag-asa-hutchinson","tag-bart-hester","tag-charlie-collins","tag-eitc","tag-jake-files","tag-joe-jett","tag-taxes","tag-warwick-sabin"],"yoast_head":"\nAlternative bill to help low-income workers filed - Arkansas Nonprofit News Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/arknews.org\/index.php\/2017\/01\/12\/alternative-bill-to-help-low-income-workers-filed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alternative bill to help low-income workers filed - Arkansas Nonprofit News Network\" \/>\n<meta property=\"og:description\" content=\"Rep. 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