Report’s Findings Suggest Kentucky’s Business Tax Incentives Not Very Cost-Effective Way to Create Jobs
Put into context, the findings of a consulting group report to the Kentucky legislature suggest that state economic development incentive...
Budget & Tax
Report Estimates Medicaid Expansion Could Actually Save Kentucky Money
We previously reported (here and here) that the state will likely incur little cost associated with the expansion of Medicaid beginning in 2014 to around 300,000 Kentuckians. But in fact...
Kentucky’s Income Tax: Protecting and Strengthening a Key to Growth
The individual income tax is the largest, most productive and fairest tool Kentucky has to generate needed revenues. It should be protected and strengthened as part of any tax reform...
Budget Cuts Lead to Job Losses
News of layoffs at the University of Kentucky follows stories of pending job loss at the Fayette County health department. Both announcements can be linked to the 11 rounds of...
Senior Tax Breaks Don’t Attract Migrants
Those arguing for state income tax cuts often claim that such cuts will result in the relocation of large numbers of people from other states, but the economic evidence simply...
Kentucky’s Adult Education Challenge
Education cannot solve all of our economic problems, as the many college-educated young people now unemployed and underemployed can attest. But low levels of educational attainment are an important reason...
Budget Makes Education Goals Harder to Achieve with Cuts to Per-Student Funding
Kentucky has set high goals and taken great strides in improving educational achievement and degree attainment rates. However, the 2013-2014 state budget will make progress difficult over the next two...
Growth of Economic Development Incentives Comes with Little Accountability
Two new reports released this week call attention to the growth of state economic development tax incentives and the lack of accountability mechanisms that would enable states to know what...
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...
Budget Agreement Affirms Deep Cuts to Core Investments
The 2012-2014 budget bill that passed both the House and Senate late last week is—like the budgets previously proposed this year by the Governor, House and Senate—based primarily on cuts....