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Budget & Tax

Income Tax Cut Giveaway to Those at the Top

Analysis

Income Tax Cuts Are a Way to Sink the Economy, Not Grow It

Wealthy interests and corporate lobbyists are ramping up efforts to pass major tax cuts this legislative session that could leave...

Jason Bailey | February 14, 2022

Shift Shaft Tax Policy graphic

Op-Ed

Shift and Shaft Tax Policy Is No Way to Prosper

Indications are the 2022 Kentucky General Assembly will consider major changes to the state's tax system. While big proposals are often labeled as "tax reform," change itself will not necessarily...

Jason Bailey | January 26, 2022

House Budget Proposal Analysis Featured Image

Analysis

House Budget Provides Only Modest Reinvestment Despite Strong Revenues

Despite billions of additional dollars from both one-time surpluses and stronger recurring revenues, the proposed House budget provides only modest funding increases in certain parts of government while leaving $1.1...

Jason Bailey | January 21, 2022

Governors Budget Proposal Analysis Featured Image

Analysis

Governor’s Budget Includes Substantial Reinvestment in Education and Other Areas

The governor’s proposed budget uses the unprecedented recurring and surplus dollars available to reinvest in a range of areas with a focus on higher core funding for K-12 and higher...

Jason Bailey | January 13, 2022

Change in State and Private Sector Avg Salaries 2008 2020

Report

A Decade Without Raises and Weakened Benefits Have Created a State Workforce Crisis. Addressing it Adequately Should Be a Top Priority in the New Budget

Updated on Feb. 2, 2022 Fundamental to providing services like P-12 education, legal defense and child welfare is the state workforce that delivers them. Despite these workers’ critical roles, Kentucky’s...

Dustin Pugel and Pam Thomas | January 11, 2022

Where KY General Fund Revenue Comes From

Report

Our Commonwealth: A Primer on the Kentucky State Budget

Go here for a PDF version of KyPolicy's Primer on the Kentucky State Budget. Every two years, the Kentucky General Assembly passes a budget in the form of four separate...

Anna Baumann | January 10, 2022

Budget Preview Featured Image size

Report

A Time To Invest: Preview of the 2022–2024 Budget of the Commonwealth

The General Assembly faces a critically important opportunity with the 2022–2024 Budget of the Commonwealth. The state has a historic budget surplus and unspent federal aid that provide the resources...

Ashley Spalding, Pam Thomas, Dustin Pugel, Jason Bailey and Anna Baumann | January 3, 2022

dont further shift

Analysis

Further Shift Away from Income Taxes Would Worsen Inequities, Harm State’s Economy

As the 2022 Kentucky General Assembly approaches, some interested in more tax cuts for the wealthy are again pushing to shift Kentucky’s tax system away from income taxes and toward...

Jason Bailey | December 10, 2021

Surplus Provides Resources for Reinvestment

Report

Unprecedented Surplus Presents Opportunity to Both Reinvest in Kentucky’s Budget and Build Rainy Day Fund

Thanks to federal pandemic aid that helped keep Kentucky residents and businesses afloat, the state ended 2021 with a substantial revenue surplus, and currently expects another large surplus in the...

Jason Bailey | October 20, 2021

Group of children

Fact Sheet

Build Back Better by the Numbers — What’s at Stake for Kentucky

KyPolicy Build Back Better info sheet

admin | September 30, 2021

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Budget & Tax News

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

IMG 0311

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

3 “Nothing Like This in the Country.” “Enormous” West End TIF District Would Be Kentucky’s Largest.

4 Bills That Didn’t Survive the Ky. Legislative Session (But Could Come Back Next Year)

5 Kentucky Tonight: Recap of the 2022 Legislative Session

View All Budget & Tax News Items

The Experts

Facts Don’t Support Economic Argument for Proposed Federal Prison in Letcher County 

Jason Bailey

Facts Don’t Support Economic Argument for Proposed Federal Prison in Letcher County 

Ashley Spalding

Public Schools Are Becoming a Lower State Budget Priority

Pam Thomas

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