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Kentucky Center for Economic Policy

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Budget & Tax

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Analysis

HB 444 Leaves $110 Million On the Table for State Worker Pay

Last year, the General Assembly provided a badly-needed 8% raise for state workers in fiscal year 2023, reversing a 14-year...

Dustin Pugel | March 7, 2023

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Analysis

‘Transplant’ Bill Would Give Large Windfall to Companies Recruiting Remote Workers

A bill aimed at relocating higher-income remote workers to Kentucky could cost the state up to $200 million and widen inequality without necessarily drawing many people to Kentucky who aren’t...

Jason Bailey and Pam Thomas | March 7, 2023

bardstown

Op-Ed

Cutting Bourbon Industry Taxes Harms the Communities That Sustain It

Kentucky’s bourbon and spirits industry had a banner year in 2022, with announcements of a record $2.1 billion in new investments. According to the Kentucky Distillers Association (KDA), 2.4 million...

Pam Thomas | March 2, 2023

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Analysis

Eastern Kentucky Needs Legislature’s Help to Address Post-Flood Housing Crisis

Catastrophic floods wreaked havoc in eastern Kentucky last July, killing 44 people and requiring 1,334 more to be rescued by boat and helicopter. The floods also destroyed or seriously damaged...

Jason Bailey | February 15, 2023

ky house of representatives

Analysis

Top House Priorities Show Conflict Between Reducing Revenues and Rising Costs

The House's top priority (HB 1) in the 2023 legislative session is a bill to continue reducing the state's income tax, the source of nearly half of state revenue. Lawmakers...

Jason Bailey | January 31, 2023

capitol

Analysis

Reducing the Income Tax Will Weaken the Commonwealth

House Bill 1 in the 2022 Kentucky General Assembly is the next step in a legislative effort to phase down and even eliminate Kentucky’s income tax. This policy path is...

Jason Bailey | January 23, 2023

bourbon barrels

Analysis

Kentucky’s ‘Booming’ Bourbon Industry Doesn’t Need Another Tax Cut

Kentucky’s bourbon and spirits industry had a banner year in 2022, with announcements of over $2.1 billion in new investments and 700 jobs created, both record highs. According to the...

Pam Thomas | January 12, 2023

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Testimony

Testimony on House Bill 1: Tax Cuts Benefit the Wealthy at the Expense of Everyone Else

Pam Thomas, Senior Fellow for KyPolicy, delivered the testimony below to the House Appropriations and Revenue Committee on Thursday, January 5. The committee was considering House Bill 1, which would...

Pam Thomas | January 10, 2023

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Op-Ed

Regressive Kentucky Laws Are Bringing Back the Bad Old Days

Addressing the long list of pressing modern challenges facing Kentucky requires a unified effort from all of us. How will we create good jobs in a globalized economy, stem climate...

Jason Bailey | January 6, 2023

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Analysis

Mirage of Inflation-Driven Surpluses Is No Basis for Permanent Tax Cuts

Kentucky is experiencing record revenue surpluses due to high inflation and temporary federal stimulus that spurred a faster-than-expected recovery from the pandemic recession. But under House Bill (HB) 8, lawmakers are...

Jason Bailey | November 16, 2022

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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

Building a Kentucky Workers Can Afford

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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