Working Family Tax Credits Support Kentucky Moms and Kids
Mother’s Day is a fitting time to celebrate the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), two...
Federal Tax and Budget
April 15 Isn’t Popular, But Taxes Still Important
Few people like Tax Day. Filling out forms and mailing off checks doesn’t usually inspire reflection on the bigger purpose of taxes. Yet most people can agree on the priorities...
Kentucky a Loser in Proposed Tax Giveaway to Wealthiest
The U. S. House of Representatives is expected to vote this week to repeal the federal estate tax, an idea that would worsen growing inequality and reduce revenue needed for...
Kentucky Must Reject Deeply Dangerous Call for Constitutional Convention
A proposal that could throw the country into chaos and jeopardize the U. S. Constitution is being pushed in states across the country this year, and in the Kentucky legislature...
Two Pillars of Making Work Pay: Minimum Wage Increase and a State Earned Income Tax Credit
Increasing the state minimum wage and instituting a state Earned Income Tax Credit (EITC) and are two policies that complement each other and can help working families better make ends...
Congressional Vote on Internet Tax Loopholes Could Help or Harm Kentucky’s Budget
The Senate is expected to vote soon on continuing a moratorium on state and local taxes of Internet access, and the specifics of what passes could mean hundreds of millions...
Expanded Federal Earned Income Tax Credit Would Be Big Benefit to Kentucky Workers
The President’s budget for 2015 includes several important improvements to the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) that, taken together, would help low-wage Kentucky workers and...
Sequestration Cutting Housing Assistance for Thousands of Low-Income Kentuckians
As many as 4,000 fewer low-income Kentucky families will receive rental assistance by the end of 2014 if Congress does not reverse or substantially mitigate the damage done by sequestration...
Budget Cuts Stack Up: Kentucky Faces the Eighth Largest Decrease in Federal Grants Among States
Kentucky will receive $162 million less in federal grant funding in 2013 than it did in 2012, according to a new brief by the Economic Policy Institute (EPI). The report...
Federal Limit on Tax Expenditures Would Generate Needed Revenue and Make Taxes Fairer
President Obama’s proposal to limit tax savings on itemized deductions and exclusions for high-income people would raise more than half a trillion dollars over the next decade while increasing taxes...