As expected, Democratic Kentucky Gov. Andy Beshear signed into law another cut to the state’s individual income tax rate Thursday, saying that “things cost too much for our families” despite a “booming economy.” Beshear speaking in a video posted on X, formerly Twitter, said worries about increasing prices at the grocery store and gas pump are coinciding […]
Tag: Kentucky Center for Economic Policy
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Public school funding at risk if Kentuckians approve Amendment 2, new study says
Kentucky’s public schools could take a big hit to their state funding if voters approve a constitutional amendment this fall allowing the General Assembly to begin funding private schools, a progressive think tank and several school leaders warned Monday. The new report from the Kentucky Center for Economic Policy (KyPolicy) estimates that if Kentucky were to adopt […]
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Even with SEEK, school funding has clear winners, losers
This story originally appeared in the June 21, 2024 edition of the LINK Reader. To get stories like this first, subscribe here. Kentucky budgets more than a third of state funds for K-12 education, with both state government and local school districts – including all public school districts in Northern Kentucky – helping to fund […]
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Will Kentuckians lose food aid over debt limit deal?
An estimated 13,000 Kentuckians between the ages of 50 and 54 could lose vital food aid because of the recently passed debt ceiling deal, according to an analysis from the Kentucky Center for Economic Policy. The analysis further says that with the nation’s second highest rate of food insecurity among people in their 50s, Kentucky […]