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Budget & Tax

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

Analysis

State and Federal Tax Cuts of the Last Decade Are Giving an Enormous Windfall to the Wealthiest Kentuckians 

The Kentucky General Assembly will create a new two-year budget in 2026 in the face of declining state revenues and substantial new costs passed down from Congress. Large recent...

Jason Bailey | November 11, 2025

Kentucky Is Now a Casino State

Report

Kentucky Is Now a Casino State: Slot Machine Gambling Surpasses $10 Billion Annually, But at What Cost?

Kentucky has rapidly become a casino state as legalized slot machine gambling has proliferated across the bluegrass in recent years. With 13 facilities now operating thousands of slot machines, the...

Patience Martin and Pam Thomas | September 15, 2025

doge cuts in kentucky

Analysis

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

The Trump administration, with the help of the Department of Government Efficiency (DOGE), is cutting federal grants, programs and employment across the nation. These reductions are already affecting public services...

Staff | July 14, 2025

Federal Budget and Tax Law Will Worsen Health and Hardship in Kentucky and Provide More Giveaways to the Wealthy

Analysis

Federal Budget and Tax Law Will Worsen Health and Hardship in Kentucky and Provide More Giveaways to the Wealthy

The passage of Congress’s major budget and tax legislation, titled the One Big Beautiful Bill Act (OBBBA), sets up a frightening future in our commonwealth. The law will take health...

Dustin Pugel, Jessica Klein, Patience Martin, Jason Bailey and Ashley Spalding | July 11, 2025

Trouble Looms If Congress Passes the Buck to the Kentucky State Budget 

Analysis

Trouble Looms If Congress Passes the Buck to the Kentucky State Budget 

Congress is considering huge cuts to Medicaid, SNAP, energy and higher education in an attempt to pay for just a portion of the enormous cost of tax cuts skewed to...

Jason Bailey | June 10, 2025

Program Cuts and Tariff Costs Will Leave Many Kentucky Families Worse Off, Even with Modest Tax Cuts 

Analysis

Program Cuts and Tariff Costs Will Leave Many Kentucky Families Worse Off, Even with Modest Tax Cuts 

On Thursday, May 22nd, the House of Representatives passed its major tax and spending legislation, which included last-minute revisions that made it even more favorable for the wealthy. The tax...

Patience Martin | June 3, 2025

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 wealthiest Americans. These tax breaks are paired with budget cuts...

Patience Martin | May 19, 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

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Budget & Tax News

1 Kentucky Misses Targets for Another Cut to the Income Tax Rate 

House Bill 5 Would Cost Kentucky More Than $1 Billion Over the Next Decade

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

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

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

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

View All Budget & Tax News Items

The Experts

State and Federal Tax Cuts of the Last Decade Are Giving an Enormous Windfall to the Wealthiest Kentuckians 

Jason Bailey

ICE Arrests Are Surging in Kentucky as Local Law Enforcement Joins Troubling Mass Deportation Effort

Ashley Spalding

Kentucky Is Now a Casino State: Slot Machine Gambling Surpasses $10 Billion Annually, But at What Cost?

Pam Thomas

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