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Budget & Tax

Analysis

Breaking Inviolable Contract for Quasi-Governmental Employees Would Result in Massive Loss of Benefits

Pension proposals for quasi-governmental organizations that attempt to break the inviolable contract for current employees will result in a huge...

Jason Bailey | March 19, 2019

Op-Ed

Troubling Cost, Content and Process of 2019 Tax Bill

This week, the General Assembly passed HB 354 - which started out as a bill to address unintended consequences and administrative issues with last year’s hastily passed tax bill, but...

Pam Thomas | March 15, 2019

Analysis

Conference Committee Agrees to Substantial New Tax Breaks in the “Tax Clean-Up Bill” – Digging Our Revenue Hole Even Deeper

The 2019 short session is in its final days and House Bill 354 (HB 354) - the “tax clean-up” bill, the original purpose of which was specifically to address unintended...

Pam Thomas | March 13, 2019

Analysis

Pension Bill Breaks Inviolable Contract, Shifts Contributions from Underfunded Plan

The Senate version of House Bill 358 essentially forces quasi-governmental agencies like health departments and community mental health centers to break the inviolable contract for pensions with their current employees...

Jason Bailey | March 12, 2019

Analysis

Big Cut to Bank Taxes Is Not Cleanup

With just 3 days left of the 2019 General Assembly before the veto recess, now is the time to be concerned about the appearance of last-minute legislation to benefit special...

Jason Bailey and Pam Thomas | March 11, 2019

Analysis

Private School Tax Credit Math Does Not Add Up

Enacting a private school tax credit – as proposed in HB 205 – will harm Kentucky’s school districts by depriving them of vital funding and leaving the General Assembly with...

Anna Baumann | March 6, 2019

Analysis

Kentucky Must Not Join Dangerous Threat to Constitution

A legislative committee will consider "for discussion only" on Monday HJR 87, a deeply alarming resolution calling for a new constitutional convention to rewrite the rules of American government. It...

Jason Bailey | March 1, 2019

Analysis

Tax “Clean-Up” Bill Includes More Giveaways

Although House Bill 354 (HB 354) has been described as the “clean-up bill” that fixes the unintended consequences that occurred because of the rush in which the 2018 tax bills...

Pam Thomas | February 21, 2019

Analysis

Bill Provides Huge Subsidy to Investment Companies and Does Not Require Return to Communities

The stated purpose of House Bill 203, a proposal in the 2019 General Assembly, is to encourage investment in Kentucky’s rural areas and to create and retain jobs. Although these...

Pam Thomas | February 13, 2019

Op-Ed

Don’t Hurt Public Education by Diverting Money to Private Schools

Kentucky’s constitution requires the General Assembly to “provide for an efficient system of common schools throughout the state.” The last time the state Supreme Court found Kentucky to be in...

Anna Baumann | February 12, 2019

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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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