A new study from the nonpartisan Tax Foundation ranks states for combined state and local sales tax rates, and ye olde Natural State checks in with one of the lowest rates in the nation!
No, of course that’s not true. Arkansas clocks in with a combined state and local sales tax rate of some 8.5 percent, putting us at number 7 in the entire United States. Hooray!
But fear not! Your state and local governments are hard at it putting taxpayer dollars to work on behalf of the people, with a deep commitment to careful oversight and accountability.