Arkansas Handling Economic Turmoil Better Than Most States

By Caleb Taylor Arkansas is doing relatively well so far compared to the rest of the nation in weathering the economic shocks from COVID-19 since March, according to UCA Assistant Professor of Economics Jeremy Horpedahl. Horpedahl, an ACRE Scholar, spoke to attendees of a webinar hosted by Americans for Prosperity-Arkansas on May 11 about economic […]

ACRE Student Spotlight: Macy Scheck

By Caleb Taylor How did a 2009 state severance tax increase affect natural gas production in Arkansas?  Not much, according to a forthcoming paper entitled “Examining the effect of Arkansas’s increased severance tax rate on natural gas production,” co-authored by ACRE Undergraduate Research Fellow Macy Scheck and UCA Professor of Finance Dr. Mike Casey According […]

How did Arkansas’s tax structure change over the previous decade?

By Caleb Taylor In an op-ed published in the Arkansas Democrat-Gazette on February 15 entitled “State status check,” ACRE Scholar and UCA Assistant Professor of Economics Dr. Jeremy Horpedahl and National Taxpayer Union Foundation Economist  Nicole Kaeding say Arkansas’s sales taxes have generally increased, income taxes have decreased, and property taxes have generally stayed the […]

Horpedahl Talks Trade War, Tarrifs

By Caleb Taylor How are Arkansans being affected by the trade war between the United States and China?  UCA Assistant Professor of Economics and ACRE Scholar Dr. Jeremy Horpedahl was a guest of Steve Barnes, host of Arkansas Week on AETN recently to discuss this and more. Horpedahl was joined on the panel by Harrison […]

Why does Arkansas have such a high sales tax rate?

By Caleb Taylor Arkansas is tied with Tennessee for having the highest average state and local sales tax rate at 9.47 percent, according to a midyear 2019 state and local sales tax report by the Tax Foundation. ACRE Scholar and Assistant Professor of Economics Dr. Jeremy Horpedahl discussed the relationship between Arkansas’s high sales tax […]

The Next Steps for Arkansas’s Tax Code

By Caleb Taylor Arkansas legislators made many improvements to the tax code during the 2019 legislative session, but is there more to be done? ACRE Scholar and UCA Assistant Professor of Economics Dr. Jeremy Horpedahl and the Tax Foundation’s Vice President of Federal and Special Projects Nicole Kaeding answer in the affirmative in “Talk about […]

ACRE Scholar Quoted on State Tax Code Changes

By Aaron Newell Comprehensive reforms – not special tax incentives – are key to making Arkansas a  more economically competitive state says Jeremy Horpedahl, ACRE Scholar and UCA Assistant Professor of Economics, who recently discussed Act 822 with Paul Williams at Law360. This act, sponsored by Sen Bart Hester (R-Cave Springs) and signed by the […]

Arkansas’s Tax Code Gets an Update

By Caleb Taylor What were the major tax reforms passed by Arkansas legislators during the 2019 session? ACRE Scholar and UCA Assistant Professor of Economics Jeremy Horpedahl and the Tax Foundation’s Vice President of Federal and Special Projects Nicole Kaeding outlined the recent “series of tax reforms to improve the competitiveness of the state’s tax […]

What’s “Special” About Special Elections?

By Jeremy Horpedahl A new bill would limit special elections which have contributed to Arkansas having the third highest average sales tax rate in the country. HB1402 was approved by the House Committee on State Agencies and Governmental Affairs February 13. The bill was amended twice after approval, and it currently is waiting to be heard […]

The Costs of Special Elections

By Aaron Newell On February 13th, Rep. Justin Gonzales, R-Okolona, presented House Bill 1402 in front the House State Agencies Committee, which would limit special elections to just two dates a year – either at a primary or general election, or their corresponding dates in off years. Dr. Jeremy Horpedahl was invited to testify to […]