Kentucky

The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.

State legislative sessions are wrapping up, and final tax and budget packages are making their way to governors’ desks.

The recent spike in gasoline prices is on pace to cost American drivers an extra $9.4 billion per month. Gas prices are up dramatically across the country, but the South has been hit hardest and is on pace to pay $4.2 billion more per month.

As states lawmakers continue to weigh their linkages to the federal tax code in light of the recent federal tax law, New Mexico provides a blueprint for limiting multinational corporate tax avoidance.

As we kick off a new year, several states are facing revenue shortfalls. Some lawmakers are approaching the challenge with sustainable and equitable solutions.

Kentucky’s legislative leaders have made reducing the state’s individual income tax rate their top priority in recent years. Lawmakers have repeatedly acted on that, reducing the rate several times and costing the state billions annually that could have been invested in kids and families. Read more.

The Kentucky General Assembly will perform its most important job — crafting a two-year state budget that funds education, health, social services and other critical needs. But unlike recent years, when pandemic-era stimulus created robust revenue growth, lawmakers are now facing a serious budget crunch due to the loss of federal funds, a weakening economy […]

The working class drives prosperity, and it’s time for an agenda in Frankfort that puts them first. From the state’s rural counties to our biggest cities, it’s Kentuckians—whether white, Black or brown—who make it all go. Supported by the right policies, ones that reward their efforts and prioritize their concerns, more Kentuckians could work in […]

The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy families to use these funds for private and religious K-12 schools.