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...
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...
New Census Data: Poverty and Uninsurance Rates Remain High in Kentucky
New Census Data: Poverty and Uninsurance Rates Remain High in Kentucky Numbers Underscore Need to Spur Job Growth and Implement Health Reform Law An estimated 17.4 percent of Kentuckians live...
Persistent Unemployment and Stagnant Wages Mark Labor Day 2011
Coming over two years after the recession officially ended, Labor Day 2011 should be a time to celebrate a return to growth and prosperity. But the reality is much different...
Focus on Spending Cuts Ignores Revenue Problem
Kentucky is in great need of a substantive conversation about how to better fund essential services in its state budget. But by ignoring the state’s revenue problems, the Kentucky Chamber...
State Revenue Growth Should Be Put Into Context
The first of a series of state estimates projects modest revenue growth over the next few years. But increases in revenue should be put into context. The economy is only...
One-Dimensional Reports Overlook Well-Documented Revenue Problem
By ignoring Kentucky's revenue problems, the Kentucky Chamber of Commerce's "Leaky Bucket" reports offer a narrow and potentially harmful response to the state budget picture. While smart spending decisions are...