article thumbnail

17 states are cutting income taxes this year

Construction Dive

Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.

Income 114
article thumbnail

State Focus – Arkansas: Expect the Unexpected

Buisness Facilities Contributed Content

W hether you call it The Natural State or The Land of Opportunity, Arkansas has something for everyone. Siloam Springs sits along US Highway 412, one of the busiest entryways into the state and a main thoroughfare in Arkansas. The Northwest Arkansas Regional Airport (XNA) is a short 20 minute drive from Siloam Springs.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Arkansas offers companies a strong transportation network with intersecting Interstates, rail access and water transportation. In Arkansas, you will find: 1,000 miles of navigable waterways. Four ports are located along the Arkansas River in Fort Smith, Little Rock, North Little Rock and Pine Bluff. Hunt and ABF Freight Systems.

article thumbnail

The Mortgage Denial Rate Was 84% Higher for Black Applicants in 2020

Pro Builder

of white applicants, and states like Mississippi, Louisiana, Arkansas, and South Carolina reported the highest denial rates at 31%, 26.1%, 26%, and 25.8%, respectively. This is partly a result of longstanding income and credit disparities that only deepened during the pandemic. Nationwide, 19.8% Market Data + Trends. Affordability.

article thumbnail

$1.1B Steel Plant for Arkansas

Construction Knowledge

Other state incentives include: sales tax refunds on building materials, taxable machinery and equipment used in the project; a 4 percent income tax credit based on new payroll jobs for five years; $10 million from the Governor’s Quick Action Closing Fund; $5 million from the Department of Workforce Services Trust Fund to be used for training; (..)

article thumbnail

The Construction Workforce Future: Where Will They Come From?

Carol Hagen

Here are a few upcoming career day events: Arkansas Construction Career Days Sept 12-13, 2012. We need heavy equipment (and operators), concrete, steel, utility, electrical, plumbing, carpentry, masonry, and even general contractors there so the kids can see the diversity and income the construction industry has to offer.

Arizona 163
article thumbnail

How Excessive Design Standards Hurt Home Affordability

Pro Builder

Design regulations are supposed to ensure the health, safety and welfare of residents, but superficial and excessive rules that price lower- and moderate-income families out of the market should not be prioritized over the need to address the housing affordability problem. NAHB Housing Policy Briefing.

Design 103