Economic Justice News | Kentuckians For The Commonwealth

Economic Justice News

Fairness in Shelbyville

Shelby County KFTC members and supporters were visible with their blue T-shirts.
November 16, 2012 at 03:04pm
Shelby County

The Shelbyville City Council is considering a proposed Fairness Ordinance presented on November 15 by the Shelby County KFTC chapter.
 
Council members listened politely and without comment to presentations by chapter members Jane Elkin Thomas and Ann Ellerkamp, both residents of the city.
 


Thomas explained the plain meaning of the ordinance.

Fiscal Cliff Talks Will Likely Target Medicare, Social Security, Programs For The Poor

November 11, 2012
Huffington Post

Both Democrats and Republicans are disproportionately putting social programs on the chopping block as they try to figure out solutions to the "fiscal cliff" situation they put themselves in.

Progressive or regressive?

November 9, 2012 at 08:07pm

The goal for the Blue Ribbon Commission is to suggest reforms that will create a tax system that meets these principles:

Fairness Competitiveness Simplicity and Compliance Elasticity Adequacy

The Blue Ribbon Commission on Tax Reform took steps toward formulating a set of recommendations to overhaul Kentucky’s tax system at a day-long meeting on Thursday, with both some hopeful actions and some discouraging discussions.

Commissioners spent several hours talking about changes in individual income taxes, and put together a package of suggested reforms. There was broad support for a state refundable Earned Income Tax Credit, and they ended up settling on a level at 15% of the federal EITC – exactly what KFTC has supported in the Kentucky Forward Plan!

How a Pell Grant helped me succeed

October 29, 2012
The Courier-Journal

America invested in Dana Beasley Brown through a Pell Grant, and that helped her become a contributing member of society. In this letter, she urges Kentuckians to think about issues of economic justice as we go to the polls.

Blue Ribbon Commission meets to hone in on recommendations

Lousiville contingent at the Blue Ribbon meeting
October 24, 2012 at 05:07pm

The Blue Ribbon Tax Reform Commission met in Frankfort yesterday to hone in on the tax reform recommendations that they'll be submitting to the Governor on Nov. 15.  A cluster of KFTC members were there to try to take any opportunity to give voice to the concerns of everyday Kentuckians. Here are some of our take-aways and highlights:

Laid off and looking for answers

October 12, 2012
MakingConnectionsNews.org

This powerful interview with a recently laid off miner from Letcher County, KY is something everyone should hear.

Join KFTC at the Vice Presidential Debate in Danville: Thursday, October 11

October 5, 2012 at 02:42pm
Wilderness Trace

The new Wildnerness Trace chapter of KFTC invites you to join them at the Vice Presidential Debate Festival in Danville on Thursday, October 11, 2012.

KFTC members will be speaking on the issues we work on that are important to the national debate--either because they're being addressed or have been ignored and need to be heard.

If you come to join us for the day, please wear your KFTC t-shirt if you have one, or any bright green shirt. We want to stand out in the crowd!

4:30 pm -- KFTC Speakers at the Speakers' Park Introduction to KFTC and local organizing -- Wilderness Trace Chapter members Economic Justice: Tax and Budget Issues -- Dana Beasley Brown Voting Rights -- Tayna Fogle Coal & Energy -- Carl Shoupe

Blue Ribbon Commission hears bleak outlook on state revenue

October 2, 2012
Louisville Courier Journal

Kentucky's Budget Director Mary Lassiter gave the Blue Ribbon Tax Commission an overview of the state's financial picture yesterday. The outlook she described was bleak. State spending on Medicaid and interest on our debts has risen sharply in recent years, while funding for schools has flatlined and most state agencies have experienced funding cuts of 30 to 38 percent.

Editoral calls for comprehensive tax reform

September 22, 2012
Louisville Courier Journal

The Louisville Courier Journal ran an editorial calling on the Governor and state legislative leaders to take the need for tax reform seriously.

Tax Cuts for the Wealthiest Don’t Stimulate the Economy

September 27, 2012
Congressional Budget Office

There is not conclusive evidence to substantiate a clear relationship between the 65-year steady reduction in the top tax rates and economic growth. Analysis of such data suggests the reduction in the top tax rates have had little association with saving, investment, or productivity growth.

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