The biggest expenditure of state tax revenues is the operation of the State government itself. The purpose of government is not to operate as a profitable institution, and neither is it to be wasteful and irresponsible in its operation. Limiting the number of State government jobs to those necessary for the efficient operation of State government must be a priority.
Over the years, Arkansas has lost many valuable entrepreneurial talents, and one of the primary reasons for this is our State Capital Gains Tax. The talent necessary to build and grow a successful business is not easy to come by, and the retention of these talented people must become a priority of State government. Many of those entrepreneurial talents who left Arkansas have relocated to states which have either a lower Capital Gains tax rate, or no Capital Gains tax at all. A Capital Gains tax punishes business and job growth, and must be eliminated.