Kentucky loses an estimated $25 million a year because state lawmakers haven’t yet taken steps to recoup lost revenue from federal estate tax changes that essentially eliminated the state’s estate…
In the absence of a national gasoline tax increase, states have been raising their gas taxes to fund long-deferred road maintenance and transportation projects. “I think what’s happening now is…
To meet infrastructure needs, several states have had to increase other taxes, such as gasoline taxes. These states include Idaho, Iowa, Georgia, Nebraska, North Carolina, Kentucky, Utah and South Dakota.…
Carl Davis, Research Director of the Institute on Tax and Economic Policy (ITEP) writes where gas taxes used to fund transportation infrastructure increased, if only by decimal points, and about…
Gas tax cuts stopped in two states: And some drivers who had been expecting lower fuel taxes are disappointed. Carl Davis, research director at the Institute on Taxation and Economic…
Good roads are critical to public safety and to Kentucky’s economy, especially in a state so dependent on manufacturing and distribution industries. Funding from the gas tax and other sources…
In Kentucky, the wealthiest residents pay the lowest overall state and local tax rate as documented in a new edition of a study by the Institute on Taxation and Economic…
“A new study released today by the Institute on Taxation and Economic Policy (ITEP) and the Kentucky Center for Economic Policy (KCEP) finds that low-income Kentuckians pay 49 percent more…
“A new study released today by the Institute on Taxation and Economic Policy (ITEP) and the Kentucky Center for Economic Policy (KCEP) finds that low-income Kentuckians pay 49 percent more…
“Kentucky families earning $30,000 to $50,000 a year pay the highest share of their incomes in state and local taxes — 10.8 percent — while families earning $330,000 or more…
Previous posts have described how a state Earned Income Tax Credit (EITC) would help working low-income Kentuckians make ends meet and reach every corner of the state. A state EITC…
(Original post) Col Owens, April 11, 2014 The General Assembly has just passed another inadequate state budget. And once again, it has failed to give Kentucky a tax system that…
(Original Post) CIN 12:31 a.m. EDT April 6, 2014 The Kentucky General Assembly has just passed another inadequate state budget. And once again, it has failed to give Kentucky a…
Thursday, April 3, 2014 The General Assembly has just passed another inadequate state budget. And once again, it has failed to give Kentucky a tax system that will allow it…
As Kentucky and other states struggle with tough budget decisions about essential public services, profitable Fortune 500 companies including Kentucky-based Yum Brands and Humana pay little to nothing in state…
(Original Post) By JONATHAN MEADOR Credit Rae Hodge/Kentucky Public Radio Steve Beshear Kentucky Gov. Steve Beshear’s tax reform plan fails to address issues of fairness in the state’s tax code,…
Governor Beshear has released his tax reform proposal, and analysis and debate over the plan has begun. It’s important that this discussion keep in mind three principles that are needed…
(Original Post) February 9, 2014 Lawmakers have plenty of time to dig into tax reform and improve on what Gov. Steve Beshear has proposed. While Beshear is offering some good…
The combined impact of the tax increases and tax cuts in Governor Beshear’s reform proposal would not help improve the regressive nature of Kentucky’s tax system, according to analysis of…
Jason Bailey Special to The Courier-Journal Gov. Steve Beshear announced in his State of the Commonwealth Address that he will propose a specific tax reform plan to the General…
(Original Post) BY JASON BAILEY January 12, 2014 Gov. Steve Beshear announced in his State of the Commonwealth address that he will propose a specific tax reform plan to the…
Kentucky News Connection BEREA – A new study shows that Kentucky would get a boost in revenue if the state’s estimated 80,000 undocumented immigrants were allowed to work legally.…
(Original Post) Staff Business First A newly released study shows that national and state tax revenues in Kentucky and Indiana would increase by nearly $56 million annually if immigration reform…
(Original Post) Jul. 10, 2013 11:48 PM Written by James R. Carroll WASHINGTON — Calling it “flawed” and “rushed,” House Republican leaders Wednesday snubbed sweeping immigration reform legislation, even as…
With fiscal costs and benefits figuring large in the immigration reform debate, a new analysis from the Institute on Taxation and Economic Policy (ITEP) estimates that unauthorized immigrants are already…
