Taxing the proceeds generated by wealth — such as capital gains, dividends, and passive business income — through a new Wealth Proceeds Tax is a simple way Arkansas could raise hundreds of millions in new revenue and improve the...
Public Policies and Programs Proven to Reduce the Rate The rate of children living in poverty in Arkansas has surged from 8.9% in 2019-21 to 14.5% in 2022-24. This dramatic increase follows the expiration of pandemic-era economic policies and...
Investing in all families grows the Arkansas economy. Many Arkansas families struggle to meet basic expenses, such as housing, food, transportation, medicine, and child care costs. The goal is for income to exceed these expenses, and parents work hard...
Giving away revenue risks a balanced budget. Arkansas families know, when they are putting together a budget, that total family income must be more than total family expenses. Likewise, the Arkansas state government must ensure that revenue be greater...
No child should face the crushing effects of poverty, and an Arkansas child tax credit will make a tremendous difference.
Any claim that the reconciliation bill benefits all Arkansans is an exaggeration at best.
Early on Thursday morning (May 22), the U.S. House of Representatives narrowly approved its sweeping tax and spending cuts bill. While details are still emerging and we await the Congressional Budget Office’s overall scoring on the bill, most experts...
Arkansans are facing a “perfect storm” of fiscal uncertainty.
Arkansas would lose $200,000 next year alone, and $3.7 million over the next 10 years.
