Dr. Jeremy Horpedahl, ACRE Scholar and UCA Associate Professor of Economics, recently appeared on the television program Capitol View with host Jay Bir. They discussed Arkansas’s tax system and how recently proposed changes by Gov. Hutchinson might impact Arkansas taxpayers and the state budget. You can watch the full interview online from KARK. The changes […]
Horpedahl, Johns Discuss the Upcoming Special Tax Session on “Believe in Arkansas”
By Joseph Johns Dr. Jeremy Horpedahl and I spoke with Ryan Norris, State Director of the Arkansas Chapter of Americans for Prosperity, on his Believe in Arkansas podcast. Our conversation focused on the proposed state tax changes and more broadly about both tax and spending issues in Arkansas over the past few years. The first […]
Mitchell, Johns Discuss Taxes and LTRF on Dave Elswick Show
By Joseph Johns ACRE Director David “Mitch” Mitchell and I spoke on the Dave Elswick Show on Monday, October 4th, 2021, about the upcoming Arkansas special legislative session. We discussed two main tax cut bills currently under consideration by the legislature. The first plan, by Joint Budget Committee Co-Chair Senator Jonathan Dismang [R-Searcy] would reduce […]
Arkansans Could See Big Savings from Special Session
By Joseph Johns and Jeremy Horpedahl The Arkansas legislature may be meeting in the near future to consider changes to the income tax that individuals, families, and small businesses pay. So far we are aware of two potential plans to lower taxes, and more could be proposed at a special session this fall. The plans […]
Reducing Arkansas’s Income Tax Rate To Zero
By Caleb Taylor Can Arkansas reduce its income tax burden to zero? ACRE Scholar and UCA Associate Professor of Economics Dr. Jeremy Horpedahl outlines how Arkansas can accomplish gradually reducing its income tax rate to zero percent in “Getting to zero” published in the Arkansas Democrat-Gazette on June 28th. Horpedahl writes that gradually reducing the […]
How to Prepare Arkansas for the Next Recession
By Caleb Taylor Arkansas’s small businesses are still feeling the effects of the economic downturn from COVID-19, ACRE Director and UCA Associate Professor of Economics Dr. David Mitchell said in a speech to about 25 Conway Kiwanis Club members at Larry’s Pizza on Wednesday, Nov. 4. Mitchell said the Natural State could be better prepared […]
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 […]
Arkansas Legislators’ Tax Plan for 2019: Cut Income Tax to 5.9%
By Caleb Taylor Arkansas Legislative Tax Reform and Relief Task Force members voted Wednesday, December 12th to prioritize a plan that includes a cut to the top individual income tax rate from 6.9 to 5.9 percent. The Task Force approved a number of other changes at previous meetings (such as to the corporate income and […]