INCOME TAX HISTORY
(June 2024) Following is a brief income tax history after this year’s tax cut.
ARKANSAS INCOME TAX RATE CUT TO 3.9%
(June 25, 2024) Today’s monthly jobs report provides further evidence of strong growth within Arkansas’ Construction...
State Retains Mckinsey & Co. For Efficiency Initiative
(1Q-2024) The state of Arkansas has retained management consulting firm McKinsey & Co. for a three-year...
Arkansas Higher Education Spending
“All post-secondary students enrolled in public, private or for-profit colleges and universities operating in Arkansas are...
State School Choice Market Nears 115,000
(December 2023) Nearly 115,000 Arkansas students attend charter, home or private schools, or are enrolled in...
Nearly 5,000 Students Utilize LEARNS Act ESAs
(October 2023) Nearly 5,000 Arkansas K-12 students have taken advantage of the education savings account (ESA)...
Income Tax Chronology
“The state’s income tax should be reduced … Consider an across-the-board cut, reduce the marginal rates,...
Marijuana Taxation
(July 2023) Arkansans defeated a marijuana legalization measure last November after approving an initiated medical marijuana...
Economic Expansions Tend To Produce State Revenue Surpluses
(July 2023) Arkansas Gov. Sarah Huckabee Sanders; her predecessor, former Gov. Asa Hutchinson; and state legislators...
Little Improvement In Reading Scores In 21st Century
(2Q-2023) The average score of Arkansas fourth- and eighth grade students “was not significantly different” from...
