Taxation is the lifeblood of our government, providing the necessary resources to fund essential services and invest in the common good. However, our tax system must be fair and equitable, ensuring that everyone pays their fair share and that the burden does not disproportionately fall on working families and low-income individuals. Willie is committed to promoting tax equity and fairness by repealing tax cuts that disproportionately benefit the wealthy and corporations, while implementing reforms that ensure a more just and balanced tax system for all Arkansans.
Repealing Tax Cuts for the Wealthy:
- Taking decisive action to repeal tax cuts that primarily benefit the wealthiest individuals and corporations, restoring fairness to our tax code and generating much-needed revenue to fund critical public services.
- Closing loopholes and ending special tax breaks that allow the wealthy to exploit tax laws and avoid paying their fair share, leveling the playing field for all taxpayers.
Implementing Progressive Tax Reforms:
- Introducing progressive tax reforms that shift the tax burden away from working families and towards those who can afford to pay more, ensuring that our tax system reflects the principle of ability to pay.
- Exploring options such as a graduated income tax or a wealth tax on the ultra-rich to generate additional revenue and promote greater income equality.
Investing in Education, Infrastructure, and Social Services:
- Directing the additional revenue generated from repealing tax cuts for the wealthy towards investments in education, infrastructure, healthcare, and social services that benefit all Arkansans.
- Prioritizing funding for public schools, transportation projects, healthcare access, and social welfare programs to create a more equitable and prosperous society.
Promoting Tax Transparency and Accountability:
- Enhancing transparency and accountability in the tax system by providing clear information on how tax dollars are collected, allocated, and spent, empowering taxpayers to hold their government accountable for fiscal decisions.
- Strengthening oversight mechanisms and implementing measures to prevent tax evasion, fraud, and abuse, ensuring that everyone pays their fair share and that tax resources are used responsibly and effectively.
Willie’s commitment to tax equity and fairness reflects our core values of justice, opportunity, and shared prosperity. By repealing tax cuts for the wealthy and implementing progressive reforms, we will create a tax system that works for all Arkansans, promotes economic growth, and builds a stronger, more inclusive society. Together, we will ensure that everyone contributes their fair share and that our tax dollars are invested wisely for the benefit of all.
