Arkansas Tax Burden: 1996 to 2007
The conservative Tax Foundation provides a time series on the ratio of state & local taxes to state income from 1970 to 2007. It seems this ratio was only 10.5 percent in 1996. I guess liberal Governor Huckabee’s fiscal policies increased this ratio to 11 percent. Interestingly, we see the same pattern for Massachusetts. I guess Le Club for Rich People are just full of it.