The ACRE Review

State Solutions to Local Tax Burdens

By Joseph Johns, ACRE Policy Analyst Arkansas has reduced its state income tax in recent years. However, Arkansans still face considerable tax burdens at the local level. Taxpayers face multiple local tax burdens that chip into their earnings and reduce the overall well-being of Arkansas’s citizens. Currently, there are two bills before the Arkansas legislature […]

Does School Choice Hurt Students Left Behind in Traditional Public Schools?

by Thomas Snyder, UCA Professor of Economics and ACRE-Affiliated Scholar The topic of school choice is back at the forefront in Arkansas with our new Governor Sarah Huckabee Sanders. One of the most common arguments you’ll hear against school choice is “What about those students left behind in traditional public schools?” If public money and […]

Taxes and Inflation in Arkansas

by Joseph Johns, ACRE Policy Analyst Consumer price inflation hit 40-year highs in 2022. The rapid increase in prices has already hit households hard in their wallets as they buy everyday goods and services. But for taxpayers in Arkansas, there could be another hidden cost of inflation: your taxes could be going up in real […]

Recent Tax Cuts in Arkansas Haven’t Cut Into the State Budget

By Jeremy Horpedahl, ACRE Director Beginning in 2015, Arkansas has been making gradual reductions in both personal and corporate income tax rates. The cumulative personal income tax reductions could be saving middle-income families in Arkansas $2,000-$5,000 every year, as an analysis by ACRE Policy Analyst Joseph Johns shows. Not only has the top income tax […]

ACRE’s Top 10 Policy Goals for the 2023 Arkansas Legislative Session

By Jeremy Horpedahl, ACRE Director The Arkansas General Assembly convenes for the 2023 general session on January 9, 2023. Over the weeks and months that follow, the Legislature will consider bills on a wide variety of issues affecting individuals and businesses in Arkansas. Researchers at ACRE have been hard at work since the last legislative […]

Shining the Light on COVID-19 Relief Funds for Arkansas

by Mavuto Kalulu, Assistant Professor of Economics According to the Pew Research Center article, “Public Trust in Government: 1958-2022,” published on June 6, 2022, only two in ten Americans trust the government in Washington to do what is right “just about always.”  The seemingly good news for state governments is that people trust their state […]

Arkansas Celebrates Historic-Low Income Tax Rates

by Joseph Johns, ACRE Policy Analyst The Arkansas General Assembly has been making historic strides toward reducing the cost of living for Arkansas families. Following the tax changes made in a special session last month, Governor Hutchinson has now enacted a total of five tax cut packages during his administration. The top marginal income tax […]

Arkansas Special Session Roundup: Legislature Accelerates Tax Cuts

By Joseph Johns The Arkansas Legislature adjourned its Special Session today after accelerating income tax cuts it passed during special session of late 2021. The legislature chose to move the tax cuts forward due to a historic state surplus of over $1.6 billion as of June 30, 2022. SB1 lowered the top marginal individual income […]

What Should Arkansas Do With Its Budget Surplus? Better Budget Rules Are Needed in the Future

by Joseph Johns Arkansas recently reported the highest budget surplus in state history, a record-setting $1.628 billion as of June 30, 2022. While this is good news in some respects, the true history of state surpluses reveals a disturbing trend that needs to be addressed. Arkansas has run a surplus for 22 of the past […]

ACRE Student Fellow Presented with Research Award at SOBIE Conference

On Apr 14, 2022, ACRE student fellow Caleb Vines presented his paper “Do Barriers to Work for Justice-Impacted People Incentivize Criminal Behavior?”, co-authored by ACRE policy analyst Zachary Burt and ACRE affiliated scholar Dr. Thomas Snyder, at the Society for Business, Industry, and Economics (SOBIE) conference in Sandestin, Florida. The paper explores the phenomenon of “hidden […]