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Arkansas Improves Competitive Position

“Arkansas would benefit from comprehensive, pro-growth reform; Arkansans are not under-taxed; taxes and rates do matter to entrepreneurs …” Policy Foundation Mission Statement (February 2023) Past Policy Foundation research noted a reduction in Arkansas’ top income tax rate to 4.9% would improve the state’s competitive position in the 12-state Southeast region. (1) New Federation of […]

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Regulatory Sandboxes In Border States

“The experiment, termed a regulatory sandbox, is a set of rules that allow businesses, usually within a specificindustry, to test themselves in a market without being subject to usual regulations.” Policy Foundation.”A sandbox to create jobs in.” Jonesboro Sun, May 9, 2022 (February 2023) The regulatory sandbox idea has advanced across the U.S. since Utah […]

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Policymakers Ban Local Income Taxes

(February 2023) Arkansas legislators have approved a bill to ban local governments from enacting an income tax. House Bill 1026 (sponsor: State Rep. David Ray of Maumelle) was approved by the House, 79-10, in late January; and by the Senate, 27-6, earlier this month. The measure has been sent to Gov. Sarah Huckabee Sanders. (1) […]

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State School Choice Market Near 110,000

“The most callused aspect of the current education monopoly in Arkansas is that it willingly and deliberately forces children–except those whose parents have wealth–to attend bad schools.” Arkansas Policy Foundation, 1998 (December 2022) Nearly 110,000 Arkansas students attend charter, home or private schools, or are enrolled in a public school choice program in the current […]

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The Role Of Dictionaries In Advancing Literacy

(November 2022) The Policy Foundation sponsored a public forum on the issue of dictionaries and literacy on Nov. 4at Lyon College in Batesville. The forum featured a keynote talk by Lyon Assistant Professor of Elementary Education Dr. Karin Brown (1); a Batesville School District literacy specialist and 3rd Grade school teachers; parents; and business community […]

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Personal Income Higher In Tennessee & Texas Border Counties

(September 2022) Per capita personal income is higher in Tennessee and Texas counties than in adjacent Arkansasborder areas, according to U.S. Bureau of Economic Analysis (BEA) data. Payroll Employment  States without an income tax led the Southeast and Arkansas’ border region in jobs creation in the first two years ofthe national economic expansion that began […]

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Policymakers Accelerate Income Tax Cut

“Arkansas would benefit from comprehensive, pro-growth reform; Arkansans are not under-taxed; taxes and rates do matter to entrepreneurs; dynamic scoring of tax changes and effects provides benefits.” Arkansas Policy Foundation Mission Statement (August 2022) Arkansas policymakers approved an income tax rate reduction in a special session this month by making it retroactive to Jan. 1, […]

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Jobs Growth Means Economic Expansion

(August 5, 2022) Past Arkansas Policy Foundation research memos have identified cyclical turns in the U.S. economy prior to official announcements from the NBER’s Business Cycle Dating Committee, the leading arbiterwithin the economics profession. Arkansas news media have reported these findings. One example is a Talk Business report (Sept. 10, 2010) on the Foundation’s identification […]

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The Fiscal Impact Of Repealing The State Capital Gains Tax

(June 2022) Policymakers have proposed phasing-out the Arkansas income tax, which generates about $4 billion in annual revenues. The Arkansas capital gains tax has generated between $54.7 million and $115.9 million in annual revenues in thepast decade, according to a recent communication from the state Department of Finance and Administration (DFA) and historical data. The […]

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