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Budget & Tax

mayfield damage

Op-Ed

More Disasters Are Coming. Kentucky Must Be Prepared

The last couple of years have marked a chaotic time in Kentucky with our communities rocked by a pandemic, recession,...

Jason Bailey | October 5, 2022

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Report

With Mounting Needs and Fear of Recession, State Should Suspend Tax Cuts

After many years of tight state budgets, Kentucky is now experiencing healthy but temporary revenue surpluses that are growing its rainy day fund, the state’s emergency savings account, to an...

Jason Bailey | October 5, 2022

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Analysis

Flood Relief Legislation Only a First Step, Leaves Out Housing Aid

A relief package introduced in the special legislative session includes over $200 million to help with emergency costs for local governments, schools, utilities, infrastructure and other needs in the wake...

Jason Bailey | August 24, 2022

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Analysis

State Must Go Beyond FEMA Aid to Adequately Address Housing Need From Eastern Kentucky Floods

The multi-colored houses on Knott County’s Rainbow Lane were reduced to rubble. Raging flood waters tossed and twisted mobile homes in Letcher County. In Hazard, an engorged North Fork lifted...

Jason Bailey and Pam Thomas | August 22, 2022

whitesburg street library traffic buildings 1

Analysis

Kentucky Must Do More to Increase Flood Resilience

The catastrophic flooding that recently hit southeastern Kentucky resulted in the death of 39 people, devastated communities and destroyed many homes and buildings. The problem is not new: Kentucky has...

Pam Thomas and Jason Bailey | August 15, 2022

aluminum cans

Op-Ed

Let’s Learn From Braidy, and Seek More Answers From Each Other

News that a company called Steel Dynamics will take over what’s left of Braidy Industries and abandon the proposed Ashland aluminum plant is likely the end of this five-year debacle. Whether it’s...

Jason Bailey | August 8, 2022

Two generations holding hands

Analysis

What the New Climate and Health Legislation Will Mean for Kentucky

President Biden on Tuesday signed new legislation that takes critical steps toward addressing the climate crisis, improves access to affordable health care, creates jobs in clean energy and puts downward...

Ashley Spalding and Dustin Pugel | August 7, 2022

KY Capitol

Analysis

Temporary Surplus Should Not Trigger Permanent Tax Cuts that Threaten Future Budgets

Driven by a strong economic recovery and by high inflation, the state ended the year with a General Fund surplus of $1.034 billion more than projected. These extra dollars are...

Jason Bailey | July 11, 2022

Decreasing Coins

Analysis

Corporate Tax Break Watch: 2022 General Assembly

Last year, the Kentucky General Assembly passed new business subsidies and tax breaks at a cost of well over $1 billion. Especially because the state has large revenue surpluses thanks...

Jason Bailey and Pam Thomas | April 5, 2022

Decreasing Coins

Analysis

Bill Provides Huge Subsidy to Investment Companies with No Requirement of Rural Investments, Jobs or Return to Communities

House Bill 308, which passed the Kentucky House and may be acted on in the Senate in the session's final days, is a giveaway to out-of-state venture capital funds with...

Pam Thomas | April 5, 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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