State EITC Would Make a Regressive Tax System Fairer
Previous posts have described how a state Earned Income Tax Credit (EITC) would help working low-income Kentuckians make ends meet and reach every...
Budget & Tax
Cutting State Income Taxes No Way to Attract New Residents
Anti-tax advocates often claim that cutting individual income taxes, especially for those at the top of the income scale, is vital if states want to keep wealthy people at home...
What Are Taxes For?
Tax Day is an important time for Kentuckians to consider the role of government in our state and nation. Taxes are a critical tool for doing things together that we...
Kentucky Budget Falls Short
While it is good to see the chambers of the Kentucky General Assembly come together to pass a budget, the new budget falls short of what it will take to...
Tax Break Bill a Setback for Revenue System
The General Assembly inserted some last minute tax breaks benefiting powerful interests into House Bill 445—the revenue bill that accompanied the new budget—before passing the bill and adjourning for the...
New Budget Will Worsen Kentucky’s College Affordability Problem
The budget passed by the General Assembly on Monday does not contain good news for higher education students in Kentucky. The 1.5 percent cuts to the state’s public universities and...
General Assembly Passes Budget Containing 14th Round of Cuts Since 2008
The General Assembly has passed an austere budget that includes further cuts, flat-level funding or modest increases to the education, health and safety, human services and other programs that Kentucky...
Pre-School Expansion a Notable Part of Budget Agreement
Press reports indicate that the new budget agreement contains an additional $18 million for pre-school in 2016, a 25 percent increase in state funding that would open up public pre-school...
Senate Budget Accepts Affordable Care Act Funds and Draws on Law’s Benefits
Implementation of the Affordable Care Act (ACA) in Kentucky passed a hurdle this week when the Senate chose to accept billions of federal dollars in its budget to fund the...
Budget Options Make Higher Education Harder to Afford for Those Who Need It Most
Lack of state revenue is chipping away at the progress Kentucky made in higher education beginning in the 1990s. That trend continues in the new budget being developed. More cuts...