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Tax and Budget

Analysis

Kentucky’s Largest Cities Spend a Quarter of Their Budgets on Police

Amid growing attention to harmful overpolicing of Black communities, many are calling on cities to begin shifting public resources away...

Dustin Pugel and Pam Thomas | June 11, 2020

Analysis

What’s in the HEROES Act for Kentucky

The U.S. House of Representatives has passed the HEROES Act, a bill that would provide the kind of substantial economic relief Kentucky and other states need in the face of...

Dustin Pugel and Jason Bailey | May 22, 2020

Analysis

Cities and Counties Need Federal Relief to Continue Providing Crucial Services

As with states, local governments in Kentucky and nationwide need significant federal relief if they are to continue providing crucial front line and community services through the COVID-19 pandemic. Measures...

Pam Thomas | May 21, 2020

Analysis

New Forecast Shows Collapse in State Tax Revenues from COVID-19

Kentucky’s General Fund tax revenues will crater in the coming months due to the COVID-19 downturn, according to a new unofficial forecast released today by the Office of the State...

Pam Thomas | April 30, 2020

Analysis

Kentucky’s Budget Faces Trouble Without More Federal Aid

The severe economic downturn caused by the COVID-19 pandemic spells trouble for Kentucky's budget. The state’s resources were already tight before the virus, but the resulting economic collapse will be...

Jason Bailey | April 7, 2020

Analysis

Kentucky Not Prepared for Next Recession

Amid the spread of COVID-19 and resulting business closures and layoffs, a recession is under way and could be particularly harmful in Kentucky due to the state’s failure to adequately...

Ashley Spalding | March 23, 2020

Analysis

SB 1 Would Harm Kentucky Kids, Economy

After receiving a second reading on the House floor yesterday, Senate Bill 1 (SB 1) continues to advance in the House, despite the harms to Kentucky kids and our economy...

Anna Baumann | March 19, 2020

Analysis

Kentucky Response to COVID-19: Inadequate Rainy Day Fund Heightens Need for Federal Aid and More State Revenue

States set aside rainy day funds to draw on when economic downturns or crises hit. Governor Beshear may well need to tap the state’s rainy day fund to deal with...

Jason Bailey | March 13, 2020

Analysis

Three Steps to Passing a Better Budget for Kentucky

The budget passed by the House mostly avoids another round of damaging cuts to programs and services that have been common since the Great Recession (with a few important exceptions,...

Pam Thomas | March 12, 2020

Analysis

A Move from Local Occupational Taxes to Sales Taxes Would Be a Regressive Tax Shift

Some proponents of HB 475, a constitutional amendment to expand revenue options for local governments, say it will result in localities moving away from occupational taxes and towards sales taxes...

Jason Bailey | March 10, 2020

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