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Budget & Tax

Op-Ed

Governor Should Veto Tax Bills That Reduce Needed Revenues, Put Kentucky at Risk of Owing Back Aid

The text below was sent as a letter (available here as a PDF) to Kentucky Governor Andy Beshear from Jason...

Jason Bailey | March 23, 2021

income tax

Analysis

Tax Break for At-Home Workers Is an Extraordinarily Expensive Windfall

House Bill 372 was amended on the last day of the legislative session before the veto period to add an expensive tax break for people who live in Kentucky and...

Jason Bailey | March 16, 2021

Film Tax Credit Costs Per Year

Analysis

Kentucky Should Learn from the Past and Not Expand Its Expensive and Ineffective Film Tax Credit

The Senate Appropriations and Revenue Committee made a last-minute change to House Bill 249 to bring back a bad idea — making Kentucky's film industry tax credit refundable yet again....

Pam Thomas | March 15, 2021

legislative budget 2021

Analysis

Legislature To Pass Austere Budget, Prevent Governor From Using New Federal Aid Without Authorization

The legislature is set to pass an austere budget that does not include the employee raises, targeted budget increases and one-time investments the governor had proposed using surplus monies available...

Jason Bailey | March 13, 2021

minimum amount due

Analysis

Last-Minute Tax Giveaways Threaten Budget — and Will Force Kentucky to Pay Back Aid Money to Feds

The final days of the Kentucky General Assembly are a time when last-minute tax breaks are sometimes slid quietly into legislation and made law. Corporate lobbyists prefer this approach, because...

Jason Bailey | March 10, 2021

Annual Tax Rates on HHR Slot Machines in Kentucky

Op-Ed

Letter to the Kentucky House of Representatives on Raising the Inadequate Tax Rate on HHR Slot Machines

February 10, 2021 Dear Kentucky House of Representatives: As you consider legislation potentially legalizing "Historical Horse Racing" (HHR) slot machines, an important issue concerns the inadequacy of the tax on...

Jason Bailey | February 10, 2021

tax return

Analysis

The General Assembly Must Resist an Expensive Double-Dip Tax Break and Instead Provide Targeted Aid to Businesses that Really Need Help

As Kentucky recovers from the pandemic and the resulting recession, it is important for state policymakers to invest in families, communities and businesses that need help to get back on...

Pam Thomas | February 8, 2021

Gambling in KY Dollar Amounts of Annual Bets

Op-Ed

Coalition Letter to Kentucky General Assembly: End the Tax Break on Slot Machines

Dear Kentucky Legislators, In September, the state Supreme Court ruled unanimously that “historical horse racing” (HHR) slot machines do not meet the legal definition of pari-mutuel wagering, and therefore do...

admin | February 1, 2021

Op-Ed

General Assembly Should Strengthen the Recovery by Approving Much-Needed Relief

The 2021 Kentucky General Assembly will reconvene in early February, and the remaining piece of essential business is agreement on a new state budget. The legislature faces a choice: deploy...

Jason Bailey | January 28, 2021

Gov Budget analysis

Analysis

Governor’s Budget Increases Funding for Relief and Reinvestment

Governor Beshear proposed a budget that uses $613 million in extra revenues created because of federal stimulus to provide targeted relief to families and businesses hurting from the pandemic, protect...

Jason Bailey | January 7, 2021

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Budget & Tax News

1 ‘The Money Is There’: Kentucky Together Coalition Calls on Lawmakers to Pass a Budget that Delivers

kentucky together press conference

2 Coalition: Kentucky Has the Money for a Budget That Delivers

3 What Could Kentucky Do With $1.2 Billion a Year? 

4 ‘Transformational’ or a ‘Reckless’ Spending Spree? A Kentucky Economic Think Tank and the State’s Leading Republican Take on Democrats’ Latest Legislation

5 “Nothing Like This in the Country.” “Enormous” West End TIF District Would Be Kentucky’s Largest.

View All Budget & Tax News Items

The Experts

Kentuckians Need a New Trade Policy, Not a Chaotic Trade War

Jason Bailey

Federal Funding Cuts to Medicaid and Public Health Will Worsen Kentucky’s Opioid Crisis

Ashley Spalding

Children in the Balance: Kentucky Reforms Successfully Diverted More Kids from Detention, but Now Those Gains Are at Risk

Pam Thomas

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