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...
Budget & Tax
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...
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...
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...
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...
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...
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...
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...
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...
Build Back Better by the Numbers — What’s at Stake for Kentucky
KyPolicy Build Back Better info sheet