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Budget & Tax

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...

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Kentucky’s Inadequate and Outdated Unemployment Insurance Taxes Need to Be Modernized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

Report

How Kentucky Should Spend Remaining Coronavirus Relief Fund Monies

The federal government provided $1.6 billion in Coronavirus Relief Fund (CRF) monies to the state of Kentucky as part of the CARES Act that passed Congress on March 27th. As...

Jason Bailey, Pam Thomas and Dustin Pugel | September 28, 2020

Analysis

Federal Relief Shored Up Kentucky’s Budget, but New Projections Raise Big Concerns About Remainder of Year

The economic downturn caused by the COVID-19 pandemic has harmed Kentucky’s revenues and budget, but in the last fiscal year the impact was softened by substantial federal relief to families,...

Pam Thomas | September 2, 2020

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Budget & Tax News

1 In New Poll, Kentuckians Say Income Tax Cuts Aren’t Helping

In New Poll, Kentuckians Say Income Tax Cuts Aren't Helping

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

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

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

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

View All Budget & Tax News Items

The Experts

Concerned About Your Property Tax Bill? Blame State Tax Cuts

Jason Bailey

Teachers in a Third of Kentucky School Districts Received No Raise This Year

Ashley Spalding

How Data Centers Could Skirt Local Taxes

Pam Thomas

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