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Budget & Tax

Annual Tax Rates on HHR Slot Machines in Kentucky

Op-Ed

Letter to the Kentucky House of Representatives on Raising the Inadequate Tax Rate on HHR Slot Machines

February 10, 2021 Dear Kentucky House of Representatives: As you consider legislation potentially legalizing "Historical Horse Racing" (HHR) slot machines,...

Jason Bailey | February 10, 2021

tax return

Analysis

The General Assembly Must Resist an Expensive Double-Dip Tax Break and Instead Provide Targeted Aid to Businesses that Really Need Help

As Kentucky recovers from the pandemic and the resulting recession, it is important for state policymakers to invest in families, communities and businesses that need help to get back on...

Pam Thomas | February 8, 2021

Gambling in KY Dollar Amounts of Annual Bets

Op-Ed

Coalition Letter to Kentucky General Assembly: End the Tax Break on Slot Machines

Dear Kentucky Legislators, In September, the state Supreme Court ruled unanimously that “historical horse racing” (HHR) slot machines do not meet the legal definition of pari-mutuel wagering, and therefore do...

admin | February 1, 2021

Op-Ed

General Assembly Should Strengthen the Recovery by Approving Much-Needed Relief

The 2021 Kentucky General Assembly will reconvene in early February, and the remaining piece of essential business is agreement on a new state budget. The legislature faces a choice: deploy...

Jason Bailey | January 28, 2021

Gov Budget analysis

Analysis

Governor’s Budget Increases Funding for Relief and Reinvestment

Governor Beshear proposed a budget that uses $613 million in extra revenues created because of federal stimulus to provide targeted relief to families and businesses hurting from the pandemic, protect...

Jason Bailey | January 7, 2021

Money Harvest slot machine thumbnail 1

Analysis

Any Action on Proliferating Slot Machines Must Raise Artificially Low Tax Rate

A recent state Supreme Court ruling has threatened the operation of thousands of slot machines across Kentucky because they do not meet the definition of "pari-mutuel wagering” associated with the...

Jason Bailey and Pam Thomas | December 16, 2020

budget preview cover image

Report

Defeating the Pandemic and Building a Robust Recovery: A Preview of the Budget of the Commonwealth

In the 2021 short legislative session, the Kentucky General Assembly will be tasked with crafting a new state budget for 2022. In addition to protecting Kentucky’s existing critical services, there...

Dustin Pugel, Ashley Spalding, Pam Thomas and Anna Baumann | December 14, 2020

Op-Ed

Kentucky Must Remove the Roadblocks to Unemployment Insurance — Our Most Important Economic Stabilizer

The torrent of job losses Kentuckians have experienced because of COVID-19 has thrown an unprecedented number of households into turmoil. As paychecks have disappeared, unemployment insurance has been a critical...

Jason Bailey | December 11, 2020

UI taxes lower than ever 1

Analysis

Kentucky’s Inadequate and Outdated Unemployment Insurance Taxes Need to Be Modernized

As unemployment claims surged in Kentucky due to COVID-19 related layoffs, the state’s unemployment insurance (UI) trust fund was quickly exhausted. Kentucky is one of 21 states and territories that...

Pam Thomas and Jason Bailey | December 1, 2020

Op-Ed

Letter to Governor Beshear: Priorities for Use of Remaining Coronavirus Relief Fund Monies

On October 9, 2020, the undersigned groups submitted the following letter to Governor Beshear. Dear Governor Beshear: Thank you for your leadership and actions to save lives and limit the...

admin | October 9, 2020

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Budget & Tax News

1 Kentucky Downs Looks to Expand into Warren County

2 Editorial: Legislative Update

3 A Taxing Issue: Historical Horse Racing Slot Machines

4 Senators Overcome Their Own Objections to Approve Historical Horse Racing Bill

5 Senate Committee Advances Bill to Legalize Historical Horse Racing Machines in Kentucky

View All Budget & Tax News Items

The Experts

Statement: House COVID Relief Bill Is the Response Kentuckians Need

Jason Bailey

Kentucky Among Worst States in Nation for Higher Education Cuts, Harming Students Who Already Face the Greatest Barriers

Ashley Spalding

The General Assembly Must Resist an Expensive Double-Dip Tax Break and Instead Provide Targeted Aid to Businesses that Really Need Help

Pam Thomas

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