| Property tax a year (after the $600 homestead credit) | $595 | → $595 |
| Local sales tax a year | $700 | → $700 |
| Change | no change |
Arkansas taxes a home on 20% of its value; each mill is $1 per $1,000 of that. The $600 homestead credit comes off the bill (Amendment 79; the state repays local governments for it). Taxable purchases are your own guess; this counts local sales tax only.
See also: What if we saved instead of borrowing? · The money trail. This page computes and cites; it doesn’t recommend raising or cutting anything. Spot an error? Report it.