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Kentucky Center for Economic Policy

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Report

“Single Sales Factor” Would Cost Substantial Revenue Kentucky Needs for Investments that Work

Jason Bailey | February 20, 2014

A proposal included in Governor Beshear’s tax reform plan that would change the way Kentucky calculates state corporate income taxes for big multistate corporations would wipe out one-third of the corporate income tax revenue Kentucky needs for investments that will grow the state’s economy. Claims about the economic development benefits of such a change—which would base corporate income taxes solely on a company’s sales in Kentucky, ignoring its other assets—are unsubstantiated.

Single Sales Factor Brief

More On Budget & Tax: Medicaid Cut Vulnerability Index Shows Which Kentucky Counties Are Most at Risk

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Perspectives

Threat to the Lee Specialty Clinic Revealed the Heroes at Work

How to Turn the Boomer Retirement Wave Into a Generational Opportunity

There Is a Choice Hidden in the Pages of the Next State Budget

Affordability Is a Crisis for Kentuckians. Here’s What State Leaders Can Do About It.

The Fight in D. C. Is About Making Life, and Health Care, More Affordable 

Other Budget & Tax Items

medicaid cut vulnerability index graphic

Report

Medicaid Cut Vulnerability Index Shows Which Kentucky Counties Are Most at Risk

kentucky data centers

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Questions Grow About Who Will Pay the Cost for Big Data Centers in Kentucky

hidden choice

Report

On Session’s Final Day, Lawmakers Pass New Tax Breaks for Already-Subsidized Industries

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