2011 Revenue Results a Reminder of Importance of State Income Taxes
The $166 million in state revenues above projections for the fiscal year that just ended are helping prevent additional cuts...
State Budget
Corporate Taxes Important to Meeting Kentucky’s Needs
Taxes on corporations help pay for needed investments in education, infrastructure and other areas. Yet some legislative leaders have floated the idea of eliminating the corporate income tax. Rather than...
Presentation: Building the Commonwealth through Tax Reform
KCEP conducts public presentations about the state budget, tax system and economy. To inquire about a speaker, please contact us by email at info@kypolicy.org or by calling 859-986-2373. A sample...
What Are Taxes For?
Tax Day is an important time for Kentuckians to consider the role of government in our state and nation. Taxes are a critical tool for doing things together that we...
Governor’s Veto Means Budget Depends on Managed Care Savings and Anticipated Revenue
Governor Steve Beshear’s selective veto of legislation addressing the hole in the Medicaid budget means no additional budget cuts at this time. Instead, the budget will depend on possible Medicaid...
Four Revenue Options that Should Be on the Table
The Kentucky legislature is debating ways to address the hole in the state’s Medicaid budget. The options under consideration include immediate across-the-board budget cuts as well as eventual cuts to...
Senate Budget Proposes $148 Million in Cuts
Both the House and Senate versions of House Bill 305 close a sizeable hole in the state’s Medicaid budget for 2011. The House version claims potential savings through use of...
End of Recovery Act Funds Could Mean Serious Budget Challenge for Kentucky
Kentucky’s budget situation would have been much worse without the $3.4 billion in funds provided to the state through the American Recovery and Reinvestment Act. But Recovery Act dollars are...