Measuring the Tax Plan Against Key Principles
Governor Beshear has released his tax reform proposal, and analysis and debate over the plan has begun. It’s important that...
How Governor’s Tax Plan Differs from Tax Commission’s Recommendations
Many of the proposals in Governor Beshear’s tax plan come from his Blue Ribbon Commission on Tax Reform. But his plan is also different—it leaves measures out that were included...
Statement on Governor Beshear’s Tax Proposal
KCEP Director Jason Bailey released the following statement on Governor Beshear’s tax reform plan: “Governor Beshear deserves recognition for bringing forward a specific tax reform proposal for consideration. His plan...
Increase in Tipped Minimum Wage Is Long Overdue
Stagnant or falling real wages for many Kentucky workers threatens their standard of living and is leading to growing income inequality. One of the causes of inadequate wages is the...
Presentation: Kentucky State Budget Briefing
On January 24, KCEP held a State Budget Briefing that included a presentation describing the revenue context of the current budget situation, outlining past budget cuts and including some analysis...
Governor’s Austere Budget Gives Small Bump to K-12, Cuts Funding for Many Areas
Governor Beshear's Executive Budget proposal provides a small amount of additional funding to K-12 education but not enough to fully restore the impact of six years of cuts and frozen...
Principles Must Guide Details of Tax Reform Proposal
Gov. Steve Beshear announced in his State of the Commonwealth address that he will propose a specific tax reform plan to the General Assembly in the coming weeks. His leadership...
Statement on Governor Beshear’s State of the Commonwealth Address
KCEP Director Jason Bailey released the following statement on Governor Beshear's State of the Commonwealth address: "Governor Beshear rightly focused his speech on the need for more resources to help...
Vast Inequality in Wealth Means Poor School Districts Are Less Able to Rely on Local Property Taxes
The cuts in state and federal funding for education are hitting Kentucky's school districts hard, and many are raising local taxes in response. However, the same local property tax increase...
Presentation: Kentucky’s Budget Outlook
Kentucky lawmakers will begin assembling what Speaker Greg Stumbo recently called a "destructive" two-year state budget when it reconvenes in January. Current projections suggest the weakest revenue growth since the...