No Need to Overinflate Pension Liabilities
Lately the governor is saying Kentucky’s unfunded pension liabilities are not the $33 billion reported by the systems’ actuaries, but...
Budget & Tax
Will More Revenue from Tax Reform Be Real and Sustaining?
Governor Bevin suggested in his State of the Commonwealth speech that his tax plan will generate more revenue to help Kentucky pay down its large unfunded pension liabilities. Kentucky needs more...
Kentucky Should Reject Dangerous Call to Reopen Constitution
The Kentucky General Assembly may consider resolutions (versions introduced as HJR 54, HCR 13 and SCR 143) that are part of a well-funded national effort calling for a new convention to rewrite the rules of...
Those at the Top Would Get More Tax Breaks, Investments Would Suffer from Shift to Consumption Taxes
The details of Governor Bevin’s study on tax reform are unknown, but there are indications the administration intends to begin shifting Kentucky away from income taxes towards sales taxes as...
Kentucky Should Not Follow Kansas Down the Income Tax Cutting Road
Four years after Kansas began its “real live experiment” cutting taxes for wealthy and powerful interests, the damaging consequences – including a deeply underfunded education system, college tuition hikes, crumbling...
Inheritance Tax Repeal Is Giveaway to the Top Kentucky Can’t Afford
To view this brief in PDF format, click here. Since 1906, Kentucky has relied on the inheritance tax to help pay for the good schools, infrastructure and other investments that...
Upside-Down Tax Plans Would Weaken Ky.
Tuesday's election means total Republican control of state government with the party gaining a majority in the House for the first time in 95 years. Now the governor and legislative...
Closing Tax Breaks at the Top Will Generate Needed Revenue, Not Cause Millionaire Tax Flight
A study recently published in the American Sociological Review validates efforts to strengthen investments in education, health and other key areas by cleaning up tax breaks for those at the...
The Path to a Stronger Commonwealth: Prioritizing Investments in Our Communities Over Tax Breaks for the Powerful
Kentucky faces a choice: cleaning up our tax code of special interest tax breaks so we can invest in excellent schools, a healthy and skilled workforce, modern infrastructure and other building blocks of thriving communities in the...
Dealing with the Risks of Public-Private Partnerships
While cleaning up tax breaks is the best way Kentucky can generate more revenue for needed investments in infrastructure, last year the legislature streamlined the process of contracting with private...