State Budget
Trickle-Down Dries Up
This study compares the economic performance of the nine states without broad-based personal income taxes to their mirror opposites—the nine states levying the highest top marginal personal income tax rates throughout the last decade.
Tax Expenditure Fiscal Analysis 2016-2018
A searchable spreadsheet of every tax expenditure (all $12 billion worth) in Kentucky and how much tax revenue we lose because of each.
Report says Kentucky’s proposed pension ‘reforms’ could make everything worse
Sweeping changes recommended for Kentucky’s public pension systems would cost taxpayers and public employees more money while making public employment far less attractive to future generations, according to a report released Monday.
Profitable Fortune 500 Companies in Kentucky Avoid Paying Millions in State Corporate Income Taxes
Despite strong profits for the nation’s biggest and most successful multistate corporations, a large share of Fortune 500 businesses — including some Kentucky-based companies — are paying taxes at a rate much lower than established tax rates, with some paying no taxes at all, according to a new report by the Institute on Taxation and Economic Policy (ITEP).
Pension Benefits Inject $3.4 Billion into the Economies of Kentucky Counties
As the governor and General Assembly consider additional cuts to pension benefits for employees, it’s important to understand the role such benefits play in local economies...
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