Final Budget and Tax Changes Spend More, Generate Less
The Kentucky General Assembly returned to Frankfort last weekend to finish its business for the 2018 regular session. With just...
Blog
What Are Taxes For?
Across the commonwealth, Kentuckians are filing their taxes this week; and many are wondering if and how the federal tax changes passed in late 2017 and the state changes passed...
Film Industry Tax Breaks Continue to Proliferate Despite Program Suspension
Since we last wrote in October 2017 about the proliferation of projects under the film industry tax credit, approvals have accelerated at an alarming rate and the cost of the program...
Quality and Equity of P-12 Education Will Continue to Decline with Funding in HB 200
While it remains to be seen how the Kentucky General Assembly will respond to Governor Bevin’s vetoes of their budget and revenue bills, the budget they passed does not represent...
A Chance to Get a Better Budget and Tax Plan
The governor announced this morning that he will veto both the executive branch budget bill and the tax bill passed by the General Assembly last Monday. Legislators return to Frankfort...
What’s in the Budget Agreement for Health Care and What’s Not?
The Cabinet for Health and Family Services provides health care for Kentuckians in a number of ways, and most funding in its $5.6 billion 2018-2020 budget pays for health care...
Budget Cuts Will Impact College Affordability, Quality and Equity in Kentucky
After a decade of budget cuts, Kentucky’s public universities and community colleges are cut approximately 6 percent in the new state budget (pending action from the Governor). This amounts to...
House Bill 366 Represents a Tax Shift Away from the Wealthy to Low- and Middle-Income Kentuckians
During the waning hours on the last day of the session before the veto period, the General Assembly hastily passed House Bill 366, a bill that represents a shift of...
Last Minute Pension Bill Ends Protections for New Teachers, Cuts Benefits
Legislation introduced and passed suddenly in the General Assembly yesterday moves new teachers into a less secure hybrid cash balance plan and ends the inviolable contract moving forward for them,...
House Bill 6 Shortchanges Kentucky by Giving Huge Subsidies to Fund Managers, Banks and Insurance Companies
A proposal to establish a new business tax break – amended in the Senate to also expand and extend an overly generous subsidy, the angel investor tax credit program –...