Growth of Economic Development Incentives Comes with Little Accountability
Two new reports released this week call attention to the growth of state economic development tax incentives and the lack...
Report Highlights Kentucky’s Need for More Progressive Income Tax
A report released today by the Center on Budget and Policy Priorities (CBPP) shows that income taxes for Kentucky families slightly above the poverty line are among the highest in...
The Benefits of Expanded Pre-School
In its final days of negotiating a new budget, a sticking point between the House and the Senate is whether to include new dollars for the expansion of pre-school. The...
Given Kentucky’s Budget Downpour, State Should Use Rainy Day Fund
The budget the Senate passed on Thursday would not use any of the $122 million sitting in the state’s rainy day fund to help reduce cuts to essential services. In...
Promoting Long-Term Investment in Appalachian Kentucky: A Permanent Coal Severance Tax Fund
Forecasts predict dramatic declines in eastern Kentucky coal production in future years, heightening the need for a strategy to transition the region’s economy. A permanent coal severance tax fund, as...
Tax Expenditures Big Cause of Budget Problems, but Some Legislators Want More
There are three main reasons that the budget the legislature is now considering includes so many cuts. First, the economy is still struggling. Second, federal recovery-related financial assistance to the...
Tax Expenditures Big Cause of Budget Problems, but Some Legislators Want More
There are three main reasons that the budget the legislature is now considering includes so many cuts. First, the economy is still struggling. Second, federal recovery-related financial assistance to the...
Faster Job Growth is Encouraging, but Kentucky Still Has Long Way to Go
Job growth in Kentucky picked up in the last three months of 2011, as the state added 15,800 jobs. At the depths of the recession, Kentucky had lost 117,700 jobs....
Budget Would Further Reduce College Affordability
The barriers to affordable higher education--especially for low-income Kentuckians--will continue to grow under a budget that cuts funding to postsecondary institutions and limits need-based financial aid. Budget Would Further Reduce...
Inadequate Tax System Has Big Role in Austere Budget
While the still-weak economy and the end of federal recovery-related assistance are important factors in the tight budget now being considered in Frankfort, long-term structural problems with Kentucky’s tax system...