What factors contribute to the stability of combined sales tax rates in Arkansas?

The stability of combined sales tax rates in Arkansas is primarily due to consistent state and local tax policies. The state sales tax rate remained unchanged at 6.5% from 2023 to 2024, while county and city rates also showed no significant fluctuations, maintaining their ranges of 0.25% to 3.5% for counties and 0.25% to 5.125% for cities. This consistency ensures predictable revenue streams for public pension plans and other state-funded programs. Additionally, the absence of significant legislative changes affecting these rates contributes to their stability, allowing businesses and consumers to plan finances without unexpected tax increases