Penny Increase in Sales Tax Would Worsen Tax Fairness and Fail to Fix Long-Term Revenue Problem
A couple of legislators have floated the idea of raising the sales tax by one percentage point rather than taking...
Tax Commission Recommendations Raise Needed Revenue but Include Big Corporate Tax Cut
The new plan from the Governor's Blue Ribbon Tax Reform Commission rightly puts the first priority on raising needed revenue to address Kentucky's budget challenges. The commission finalized a package...
Kentucky Among 10 States with Fastest-Growing Income Inequality
Income gaps widened more in Kentucky than in all but eight other states between the late 1990s and the mid-2000s – and more than all but three other states from...
Kentucky Job Growth Remains Slow and Jobs Deficit Substantial
Between the start of the recession and February 2010, Kentucky lost 118,200 jobs. After several years of job growth, that gap has been trimmed to 35,100. However, ongoing growth in...
Kentucky Among 10 States with Fastest-Growing Income Inequality
Report Release: “Pulling Apart: A State-by-State Analysis of Income Trends” New Report: Kentucky Among 10 States with Fastest-Growing Income Inequality Policies Drive Widening Gap Between Low-Income Kentuckians and High Earners...
The State of Working Kentucky: Gender
As in the U.S. as a whole, women’s participation in the paid workforce in Kentucky has grown over the last thirty years. Also, the gap in wages between Kentucky men...
Pension Recommendations Emphasize Employee Sacrifice While Addressing Only Portion of Liability
The state’s task force on public pensions heard consultants’ recommendations this week that include several ways to raise employee costs and cut benefits, some of which may not be legal....
Arguments to Cut Income Tax Miss Context and Ignore Tax’s Benefits
Those arguing for a shift toward sales taxes and away from income taxes in Kentucky overstate the influence of income taxes on where people live. And they overlook the benefits...
Federal Proposals Would Extend Tax Breaks for a Handful of Wealthy Kentuckians While Ending Support for Many Working Families
New Report from the Center on Budget and Policy Priorities Federal Proposals Would Extend Tax Breaks for a Handful of Wealthy Kentuckians While Ending Support for Many Working Families Recent...
What Would Kentucky Gain from More Business Tax Cuts?
For a state like Kentucky—with high levels of poverty, low wages and too few jobs—a perpetual issue is how government can do more to promote prosperity. For years, the state...