Policy Accomplishments (1995-2013)

Fiscal Policy

  • Reduction (7.0 to 6.9%) in Arkansas Income Tax Rate (2013)

    (Source: 1998 Policy Foundation studies, “Improving Productivity by Reducing Taxes” and “Taxes and Savings In Arkansas.”)

  • Reduction in Arkansas Capital Gains Tax Rate (1999)
  • Reduction in Arkansas Capital Gains Tax Rate (2013)
    (50% total reduction)

    (Source: 1998 Policy Foundation studies, “Improving Productivity by Reducing Taxes” and “Taxes and Savings In Arkansas.”

  • Reduction (75%) in Arkansas Sales Tax on Groceries (2007, 2009, 2011)

    (Source: 2002 Policy Foundation research memo, “Free Market Economists and the State Sales Tax on Food;” 2006 Policy Foundation study, “Roadmap for Arkansas Prosperity”)

  • Performance-Based Budgeting
    • State Pilot Program (1999)
    • Expanded (2001), later discontinued

    • (Source: 1998 Policy Foundation study, “Making Arkansas’ State Government Performance Driven and Accountable: Four Reforms State Government Can Implement Now to Save Taxpayers Millions”)

  • Arkansas State Police Retirement System merger with Arkansas Public Employees Retirement System (2009)

    (Source: 1998 Policy Foundation study, "The Arkansas Public Employees Retirement System)


Education Policy
  • Charter School Expansion (1999, 2005, 2007, 2011, 2013)

    (Source: 1996 Policy Foundation study, “Arkansas’ Weak Charter School Law”)

  • Expanded School Choice (1999, 2011)
  • District and School Report Cards (1999)
  • Teacher Performance Pays
    • Little Rock (2004)
    • State Pilot Program (2007)

    • (Source: 1998 Policy Foundation study, “Arkansas’ Public Schools…A 30-Year $20 Billion Taxpayer Investment Yields An Unprecedented Crisis in Academic Performance”)

  • Uniform Accounting System (post-2003)
  • Administrative Restructuring (post-2004), partial (66 districts)

    (Source: 1998 Policy Foundation study, “Streamlining and Cost-Saving Opportunities in Arkansas’ K-12 Public Education System”)






     



    Making A Difference In Arkansas

    The Arkansas Council on Economic Education (ACEE) is a private, non-profit, non-partisan, educational organization founded in 1962 to promote economic literacy in Arkansas.
    http://www.arkeconed.org

    Peer-Reviewed Research

    The Arkansas Policy Foundation is an educational organization that regularly submits its research to scholarly journals that use a peer review process.

    Journal Publications

    'Regulation of financial derivatives in the U.S. code'
    Derivatives Use, Trading and Regulation
    (London, U.K.) Palgrave Macmillian Ltd.
    February 2006
    Read Online

    'Deflation & Economic Growth'
    QJAE
    (Piscataway, N.J.) Transaction Periodicals Consortium, Rutgers University
    Summer 2006

    Policy Foundation research on this topic cited by Arkansas Attorney General Mike Beebe (Opinion No. 2005-291)

    'A review of state statutes regulating financial derivatives in the USA'
    Pensions, an International Journal
    (London, U.K.) Palgrave Macmillian Ltd.
    2004
    Read Online