Arkansas
Arkansas cuts income tax rates (again)
Nearly a year ago I warned that if Oklahoma doesn’t get moving on income tax cuts it would be left behind. The year 2024 arrived with 14 states having a cut to their personal income tax rate take effect.
Three of these states—North Carolina, Mississippi, and Arkansas—previously had a higher rate than Oklahoma and have now moved to a lower rate. Missouri is right behind, having gone from 4.95 percent to 4.8 percent.
While Arkansas cut its rate from 4.9 to 4.4 percent, that still wasn’t good enough for Governor Sarah Huckabee Sanders. Yesterday she signed legislation cutting the rate to 3.9 percent, retroactively, beginning Jan. 1, 2024.
Oklahoma, meanwhile, chose massive government spending hikes in 2024 (“We overspent again,” Gov. Kevin Stitt said) instead of income-tax reduction.
The question used to be what can Oklahoma do to stay in front? Now the question is: What do we need to do to keep up?
Arkansas
Arkansas Governor joins national A.I. workforce initiative
LITTLE ROCK, AR (KATV) — Governor Sarah Huckabee Sanders has joined a new national artificial intelligence initiative that launched Thursday, June 25.
RAISE US, started by former Governor Eric Holcomb of Indiana and Gina Raimondo, former U.S. Secretary of Commerce is a nonpartisan national organization that will partner with governors, employers, workers and training organizations to help the workforce transition to an AI economy.
“As artificial intelligence transforms America’s economy, we have one clear message: technology should empower people, not replace them. By leveraging our Arkansas LAUNCH initiative, and with the resources and expertise provided by RAISE US, Arkansas will turn that mission into reality. We want the Natural State to be a leader on education, workforce training, and up-skilling, and this new partnership gives us the tools we need to build a model for the entire nation.”
The organization will design and pilot incentives to retrain workers, new approaches to support job transitions, and training models tied to employer demand.
RAISE US launches with more than two dozen American companies and philanthropies and initial state partnerships in Connecticut, Maryland and Utah.
“America has a technology strategy for leading the global AI competition. It does not yet have a people strategy — and we cannot lead without one,” Raimondo, who will serve as CEO of RAISE US, said.
“If we build the best AI systems in the world and leave millions of Americans behind, we won’t have won anything; we’ll have automated our own decline. I believe AI will create new jobs and industries over time, but the transition could be disruptive, and it’s already underway. We shouldn’t fearmonger, but we can’t pretend our training and worker support systems are ready either. It’s time for innovative and practical solutions. This moment demands ambition, urgency, and creativity. We’ve assembled the country’s top companies, best economists, and bipartisan governors at a scale rarely seen — all to advance new ideas and incentives, pilot them with governors and business, and scale what works.”
Governor Sanders is partnering with RAISE US to support Arkansas LAUNCH, an AI-powered career navigation platform that connects students and jobseekers to personalized learning and employer-linked career pathways.
Arkansas
Get to know: Arkansas DB commitment John Catlin | Whole Hog Sports
Arkansas
Arkansas basketball stars Meleek Thomas, Trevon Brazile selected in NBA Draft second round | Whole Hog Sports
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