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...
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...
The Bigger Picture on Who Pays Taxes
The vast majority of Kentuckians (and Americans) who don’t owe federal income taxes are either workers who pay payroll taxes, seniors, people with disabilities or students. In 2009-2010, 49 percent...
State Must Face Pension Debt
Over the last several years, much of the focus given to Kentucky’s pension system has been on ways to shift new employees into some version of a 401(k)-style retirement plan....
Another Corporate Tax Cut Is Not the Answer
A proposal to change the way Kentucky calculates corporate income taxes for big multistate corporations would be a costly experiment that’s just as likely to harm the state’s economy as...
Pension Issue is Primarily a Revenue Challenge
Over the last several years, much of the focus given to Kentucky’s pension system has been on ways to shift new employees into some version of a 401k-style retirement plan....
New Census Data: 29,000 More Kentuckians Had Health Insurance in 2011
New Census Data: 29,000 More Kentuckians Had Health Insurance in 2011 Affordable Care Act’s Coverage for Young Adults Contributing to this Trend The share of Kentuckians without health insurance dropped...
Increase in Federal Minimum Wage Would Provide Much-Needed Boost to Kentucky Families
An increase in the federal minimum wage to $9.80 an hour would raise wages in Kentucky by $606 million over the next three years and benefit one out of every...