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...
Budget & Tax
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...
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...
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....
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,...
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,...
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...
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...
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...
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...