Four Key Facts about Public Pensions in Kentucky
As Kentucky legislators consider changes that could cut pension benefits for nurses, social workers, police officers and other public sector...
State Budget
Fact Sheet: College Affordability in Kentucky
Progress in higher education is essential to building a strong economy, an informed citizenry, and a higher quality of life. However, the cost of higher education is a growing challenge...
Another Corporate Tax Cut Is Not the Answer
A proposal to change the way Kentucky calculates corporate income taxes for big multistate corporations would be a costly experiment that’s just as likely to harm the state’s economy as...
Kentucky’s Income Tax: Protecting and Strengthening a Key to Growth
The individual income tax is the largest, most productive and fairest tool Kentucky has to generate needed revenues. It should be protected and strengthened as part of any tax reform...
Budget Makes Education Goals Harder to Achieve with Cuts to Per-Student Funding
Kentucky has set high goals and taken great strides in improving educational achievement and degree attainment rates. However, the 2013-2014 state budget will make progress difficult over the next two...
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...
Governor’s Budget Proposes Deep Cuts on Top of Past Reductions
The Governor’s budget proposes cuts of up to 8.4 percent to many state services that have already been slashed deeply over the last few years. The cuts would leave even...
Letter: What a Tax Reform Plan Should Include
Governor Beshear has said that he will announce plans for addressing tax reform in the coming weeks. Here's what should be in a tax plan that would move Kentucky forward....
Kentucky Faces Serious Challenges with Next Budget
Lawmakers face a grim financial situation when they meet in January to craft a new budget for 2013 and 2014. The state has balanced past budgets in part by pushing...