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Budget & Tax

U.S. House Tax Plan Widens Inequality by Extending and Expanding Breaks for the Wealthiest  

Analysis

U.S. House Tax Plan Widens Inequality by Extending and Expanding Breaks for the Wealthiest  

Last week, leaders in the House released their proposed bill to extend and expand tax breaks that overwhelmingly benefit the...

Patience Martin | May 19, 2025

doge cuts in kentucky

Analysis

Tracker: How the White House and DOGE Are Cutting Kentucky Jobs and Services 

Updated: May 16. The Trump administration, with the help of Elon Musk’s Department of Government Efficiency (DOGE), is cutting federal grants, programs and employment across the nation. These reductions are...

Staff | May 16, 2025

House Budget Plan Includes Largest Ever Cut to Federal Food Assistance  

Analysis

House Budget Plan Includes Largest Ever Cut to Federal Food Assistance  

The House budget plan includes huge cuts to federal food assistance, the largest reduction ever proposed in the history of the Supplemental Nutrition Assistance Program (SNAP). The proposed cut requires...

Jessica Klein | May 15, 2025

Federal Cuts to Medicaid and SNAP Would Blow Massive Hole in State Budget

Analysis

Federal Cuts to Medicaid and SNAP Would Blow Massive Hole in State Budget 

Congress is considering huge cuts to vital federal programs like Medicaid and the Supplemental Nutrition Assistance Program (SNAP) in part to make room for more tax cuts for the wealthy....

Dustin Pugel | May 7, 2025

The Wealthiest Kentuckians Would Be Runaway Winners from Federal Tax Cut Extension

Analysis

The Wealthiest Kentuckians Would Be Runaway Winners from Federal Tax Cut Extension

The 2017 federal Tax Cuts and Jobs Act (TCJA) provided substantial windfalls to America’s highest earners at the expense of programs vital to the wellbeing and security of everyone else. Now,...

Patience Martin | April 28, 2025

HB 775 Moves Goalposts Again to Give Legislature Permission for More Tax Cuts

Analysis

HB 775 Moves Goalposts Again to Give Legislature Permission for More Tax Cuts

House Bill (HB) 775 in the Kentucky General Assembly would move the goalposts yet again on the state's income tax cut trigger formula. As the costs for these cuts grow,...

Jason Bailey | March 11, 2025

funding freeze

Analysis

Chaos, Confusion and Concern Over White House Funding Freeze

On January 29th, the White House announced that they were rescinding the proposed funding freeze. The Trump administration’s attempted funding freeze has already resulted in chaos, confusion and concern for...

Jason Bailey | January 28, 2025

kentucky capitol clouds

Analysis

Another Income Tax Cut Will Dig the Hole Deeper

Kentucky lawmakers are expected to vote early in the legislative session on another half-point cut to the individual income tax rate, a drop from 4% to 3.5%. This cut is...

Jason Bailey | January 2, 2025

Untitled design 3

Analysis

Legislature Moved Goalposts to Meet Conditions for Tax Cuts Whose Bill Is Now Coming Due 

The conditions have been met for the General Assembly to potentially cut the individual income tax rate from 4% to 3.5% beginning Jan. 1, 2026, the State Budget Director announced...

Pam Thomas and Jason Bailey | August 23, 2024

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Report

The Impact of Diverting Public Money to Private School Vouchers in Kentucky

This November, Kentuckians will vote on an amendment to the state constitution that would permit the General Assembly to spend public money on private schools. [efn_note]House Bill 2, 2024 Regular...

Jason Bailey, Dustin Pugel, Joanna LeFebvre and Pam Thomas | July 15, 2024

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Budget & Tax News

1 ‘The Money Is There’: Kentucky Together Coalition Calls on Lawmakers to Pass a Budget that Delivers

kentucky together press conference

2 Coalition: Kentucky Has the Money for a Budget That Delivers

3 What Could Kentucky Do With $1.2 Billion a Year? 

4 ‘Transformational’ or a ‘Reckless’ Spending Spree? A Kentucky Economic Think Tank and the State’s Leading Republican Take on Democrats’ Latest Legislation

5 “Nothing Like This in the Country.” “Enormous” West End TIF District Would Be Kentucky’s Largest.

View All Budget & Tax News Items

The Experts

Kentuckians Need a New Trade Policy, Not a Chaotic Trade War

Jason Bailey

Federal Funding Cuts to Medicaid and Public Health Will Worsen Kentucky’s Opioid Crisis

Ashley Spalding

Children in the Balance: Kentucky Reforms Successfully Diverted More Kids from Detention, but Now Those Gains Are at Risk

Pam Thomas

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