Hutchinson Calls for Top Individual Income Tax Rate to Be Cut to 6 Percent

By Caleb Taylor Governor Asa Hutchinson announced his support on Monday in an address to legislators at the beginning of the fiscal session for a reduction of Arkansas’s top individual income tax rate from 6.9 to 6 percent. This rate reduction is along the lines of one of the reform suggestions outlined by ACRE scholar […]

Tax Reform Task Force Cites ACRE Scholar Horpedahl

By Caleb Taylor The Arkansas Legislative Tax Reform and Relief Task Force cited UCA Assistant Professor and ACRE Scholar Dr. Jeremy Horpedahl’s work on property and sales taxes in its interim report released on December 18th. The 180 page report produced by Public Financial Management (PFM) summarizes the task force’s work so far to modernize and […]

Tax Reform Task Force Examines Property Taxes

Legislators on the Arkansas Tax Reform and Relief Task Force on December 6th discussed possible changes to property taxes in the Natural State. Randy Bauer of PFM, the consulting group under contract with the state of Arkansas, began the meeting with a broad overview of recent tax reform efforts across the country. Bauer’s commentary was […]

The Sales Tax, Special Elections, and Voter Turnout

By Dr. Jeremy Horpedahl   Arkansas has the third highest combined state and local tax rate in the nation. How did this happen? Research we are conducting at the Arkansas Center for Research in Economics suggests that part of the reason is that many counties and cities have elected to increase their own sales tax rates. […]