Tax Cut Plan Even More Expensive, Skewed Toward the Wealthy
The likely proposal for the long-discussed special session seems to have settled, and its main feature would be to cut the top personal and corporate income tax rates. This disproportionately […]
Proposed Cuts to the Top Tax Rate Are Costly and Heavily Favor the Rich
As the Arkansas Legislature concludes the 2021 general session, our attention must turn to the special session they are preparing to begin to discuss personal income tax cuts. Although income […]
Cutting the Top Tax Rate is Bad Policy
State policymakers continue to discuss cuts to the top personal income tax rate that may take place during a special session sometime in October. Next week, we plan to release […]
Cuts to the Top Tax Rate Worsen Racial Inequality, Don’t Help Growth
Discriminatory public policies combined with prejudiced public and private actions in housing, the criminal justice system, and the labor market have created a historical and ongoing context in which Black, […]
Help Is On The Way for Unemployed, But More Reform Needed in Arkansas
As record-breaking numbers of Americans file for unemployment, Congressional action will bring relief to struggling families during this time of national emergency. Arkansas must also act quickly to ensure that […]
Equitable Economic Development Part 2: What Works For Economic Growth and Equity
Read Part 1: Why Tax Breaks For Business Are A Bad Deal For Public Budgets As discussed in Part 1 of this series, policymakers face a lot of pressure to deliver the […]
Equitable Economic Development Part 1: Why Tax Breaks for Business are a Bad Deal for Public Budgets
Job creation and economic growth are key political issues, and policymakers are under pressure from a variety of constituents to produce results in these areas. Maybe that’s why policymakers have […]
Who Benefits from Opportunity Zones?
“Opportunity Zones,” But For Whom? Part of the 2017 federal tax cut bill, the “Tax Cut and Jobs Act,” created a new tax break meant to encourage investment in low-income […]
Arkansas Advocates 2019 Legislative Session Recap, Vol. 12
The end is in sight! Week 12 saw a fair amount of action at the Capitol. Several committees held their final meetings this week, meaning a number of bills will […]
Arkansas Advocates 2019 Legislative Session Recap, Vol. 10
Despite being a three-day week at the Capitol, it was jam-packed! Several bills worked on by AACF staff cleared important hurdles, and we are gearing up for the sprint that […]