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Jason Bailey

Report

Senate Budget Increases Rainy Day Fund Paid for by Reducing Spending, Withholds Teacher Pension Contributions Until Benefit Cuts Are Made

The Senate budget increases funding for the Rainy Day Fund by reducing funding for pension contributions for health departments and...

Jason Bailey | March 19, 2020

Analysis

Kentucky Response to COVID-19: Inadequate Rainy Day Fund Heightens Need for Federal Aid and More State Revenue

States set aside rainy day funds to draw on when economic downturns or crises hit. Governor Beshear may well need to tap the state’s rainy day fund to deal with...

Jason Bailey | March 13, 2020

Analysis

A Move from Local Occupational Taxes to Sales Taxes Would Be a Regressive Tax Shift

Some proponents of HB 475, a constitutional amendment to expand revenue options for local governments, say it will result in localities moving away from occupational taxes and towards sales taxes...

Jason Bailey | March 10, 2020

Report

House Budget Makes Adjustments Including to Employee Raises, Social Workers and Rainy Day Fund and Contains No New Revenue

The House budget plan includes many of the same priorities that the governor proposed, but contains a different emphasis in a variety of areas. Compared to the governor’s budget, the...

Jason Bailey | March 6, 2020

Report

Revenue Options That Strengthen the Commonwealth

Currently, too many tax breaks drain money that is needed to shore up and sustain public schools, higher education and workforce development; teacher and state worker pension systems; preschool, child...

Jason Bailey and Pam Thomas | March 2, 2020

Analysis

State Policy Decisions Hinder Kentucky’s Readiness for Coronavirus

As fears rise about coronavirus (COVID-19) in the United States, state policy choices create a context that either limits or enables harm and disruption from its potential spread. In Kentucky,...

Jason Bailey | March 2, 2020

Analysis

Tax Plan Would Fix Kentucky’s Budget Challenges by Addressing Upside Down Tax Code

A new bill would generate substantial new revenue for Kentucky’s budget by asking those at the top and corporations to chip in a portion of the enormous federal and state...

Jason Bailey | February 13, 2020

Analysis

Understanding the Quasi Pension Funding Issue

Over the last few days, attention has turned to whether Governor Beshear's budget underfunds the main state worker pension system, the Kentucky Employees Retirement System (KERS) non-hazardous plan, in the...

Jason Bailey | February 3, 2020

Report

Governor’s Budget Makes Modest Increases to Education Funding and Selected Other Areas, Raises Small Amount of New Revenue

Governor Beshear’s budget proposal to the General Assembly contains small increases in spending for P-12 education and provides funding for other targeted areas including relief for quasi-governmental organizations facing spiking...

Jason Bailey | January 28, 2020

Analysis

Another Year of Modest Job Growth in Kentucky

We outlined in a 2018 report how Kentucky's economic performance had fallen short of claims based on corporate announcements. Among other things, we noted that the pace of state job...

Jason Bailey | January 24, 2020

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