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 […]
long-term reserve fund
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 […]
Mitchell, Smith Discuss Taxes and LTRF on Dave Elswick Show
By Caleb Taylor What’s the latest news on taxes and spending policies in Arkansas? ACRE Director and UCA Associate Professor of Economics Dr. David Mitchell and ACRE Legislative Research Associate Dr. Nathan Smith joined the Dave Elswick Show on 101.1 FM in Little Rock to answer this and more on Monday, April 26th. Smith recommended […]
Reserve Fund Balances & Rules Shape State Preparedness for Crisis
By Caleb Taylor What’s one tool states can use to weather financial downturns? David Mitchell and Dean Stansel have been studying state fiscal crises for more than a decade. As state finances falter from COVID-19’s impact, Mitchell and Stansel draw on their research in a recent opinion article in RealClearPolicy to show how long term […]
Why Arkansas’s Long-Term Reserve Fund May Not Weather the Next Rainy Day
By Dr. David Mitchell In a recent op-ed for the Arkansas Democrat-Gazette, I pointed out that families need to have rainy day funds to provide for any loss of income. Similarly, when state governments have unexpected general budget shortfalls, they need a way to pay for them. And in the same way that families may […]