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Paycheck$ and Politics Newsletter: Issue 40

The current Arkansas budget surplus, which is expected to be between $800 and $900 million, provides a unique opportunity to have a public debate about severance tax reform. Arkansas’ severance tax is the lowest in the country. Unlike most...

An Economic Analysis of Pre-K in Arkansas

According to Dr. Belfield’s economic analysis, Arkansas’ pre-k investment to date will yield $2.32 for every $1 state leaders have allocated for the Arkansas Better Chance pre-k program for at-risk children. If the program were extended to all children,...

EPSDT: An Assessment in Arkansas

Arkansas has consistently fallen below the national average of providing Early Periodic Screening Diagnosis and Treatment (EPSDT) screens to low-income children. The national average in 2004 was 39 percent and Arkansas’ rate was 27 percent. These screens can provide...

Paycheck$ and Politics Newsletter: Issue 39

Over the past two decades, the benefits of economic growth have been skewed heavily in favor of Arkansas’ wealthiest families. Income inequality is shown by dividing the population into five categories by income level with 20 percent in each....

Paycheck$ and Politics Newsletter: Issue 38

The average ($500) payday loan comes with an interest rate on the high side of 500 percent APR (Annual Percentage Rate) for 14 days. Comparatively, the average credit card cash advance from a bank-issued card carries an interest rate...