Unemployment Insurance Important to Economy but Limited for Workers
The loss of over 100,000 Kentucky jobs during the severe economic downturn of the last few years would have been...
Kentucky Should Re-Enact Surcharge to Pay Unemployment Interest
Kentucky owes interest payments on the nearly one billion dollars borrowed from the federal government to pay unemployment insurance benefits during the economic downturn. The next interest payment, due September...
Letter: What a Tax Reform Plan Should Include
Governor Beshear has said that he will announce plans for addressing tax reform in the coming weeks. Here's what should be in a tax plan that would move Kentucky forward....
Kentucky Faces Serious Challenges with Next Budget
Lawmakers face a grim financial situation when they meet in January to craft a new budget for 2013 and 2014. The state has balanced past budgets in part by pushing...
Principles Critical to Effective Tax Reform
In his inaugural address, Gov. Steve Beshear called on the state to build a "foundation for a better tomorrow" by restructuring Kentucky's tax system in his second term. His call...
New Report Shows Major, Profitable Corporations Paying No State Corporate Income Taxes
Report: “Corporate Tax Dodging in the Fifty States, 2008-2010” Yum! Brands among Major, Profitable Corporations Paying No State Corporate Income Taxes Profiled in New Report Showing Corporate Tax Avoidance Costs All...
The College Affordability Crunch in Kentucky
A decade of state budget cuts in higher education, rising tuition, underfunded need-based financial aid and stagnating incomes are combining to make college less affordable in Kentucky. Student debt is...
State Releases More Pessimistic Revenue Forecast
The official body that approves state revenue estimates released a preliminary forecast today that projects nearly $500 million less in General Fund revenue for the upcoming two-year budget than the...
State Has Cut Education Funding Substantially from Pre-Recession Levels
The recession and weak recovery of the last few years have meant less revenue for the state budget, and the legislature has responded with cuts to many services. The state...
Nearly One-Third of Kentucky Households Had Less than $25,000 in Income in 2010
Nearly One-Third of Kentucky Households Had Less than $25,000 in Income in 2010 Erosion of middle class highlights need for investment to address unemployment Median household income fell in Kentucky...