Changing how we tax capital gains
A relatively small number of wealthy Arkansans who make money from the sale of investments reaped the benefits from the capital gains tax cuts passed in 2013. These expensive tax […]
AACF Weekly Legislative Update Vol. 2
It was a short week at the State Capitol but that doesn’t mean it was uneventful. Here’s what you need to know: HEALTH: Gov. Asa Hutchinson asked lawmakers on Thursday […]
Governor’s tax plan leaves out poorest Arkansans
The governor’s new tax cut plan is a step in the right direction for tax fairness, but leaves out the poorest 20 percent of Arkansans and raises concerns about how […]
Arkansas ranks 11th in tax burden on poor
Arkansas ranks eleventh in the nation when it comes to taxing the poor. The poorest Arkansans, those making under $16,000 per year, pay two times more in taxes as a […]
Monthly Revenue Report: December
Despite smaller than expected revenues from sales tax and individual income tax, December revenues came in above forecast. Higher than expected corporate income tax collections and lower tax refund payments […]
4 things you should know about budget surpluses in Arkansas
Larger surpluses mean a smaller pool of money for major programs like pre-K and often end up benefiting “pet projects.” Surplus spending is harder to track and is not subject […]
Monthly revenue report for November
General revenues for last month and for the year as a whole came in above expectations. Total net general revenue for November was $391.1 million, up 11.8 percent (or $41.4 […]
Wonky Word Wednesday: progressive and regressive taxes
Thinking about taxes seems complicated; but in its basic form, taxes raise the money we need to pay for and upkeep the services we depend upon daily. On the state […]
Two Budget Proposals from Beebe
Governor Beebe introduced two separate budget proposals this month, depending on whether legislators choose to put off nearly $30 million in tax cuts for two years. The tax cuts, if […]
AACF statement on elections and moving forward
A statement from AACF Executive Director Rich Huddleston on last night’s elections in Arkansas: Arkansas Advocates for Children and Families would like to congratulate all of the Arkansas candidates on […]