Latest News

Mike Eaves Pledges to Support Congressional Term Limits

2020 Kentucky house candidate Mike Eaves (district 81), has committed support for term limits on Congress by signing the Term Limits Convention pledge.

Larry Varney Pledges to Support Congressional Term Limits

2020 Kentucky house candidate Larry Varney (district 64), has committed support for term limits on Congress by signing the Term Limits Convention pledge.

WIC participation in Kentucky drops 18.8% over 5 years

The number of Kentucky residents taking part in the federal nutrition program for Women, Infants and Children (WIC) declined 18.8 percent from fiscal years 2015 to 2019, the U.S. Food and Nutrition Service reported.

Highest income earners in Kentucky taxed at 6.7% rate

The top 1 percent of earners in Kentucky are taxed at an effective rate of 6.7 percent, compared to the state’s 11.1 percent tax rate on the middle 20 percent of income earners, according to a new 24/7 Wall St. analysis.

Louisville has liabilities equaling $1,300 per taxpayer

Among the 75 most populous cities in the U.S., Louisville ranks 19th for the state of its finances, having $1,300 in liabilities per taxpayer, according to a Truth in Accounting (TIA) analysis of municipal data released last month.

Outbound cigarette smuggling rate in Kentucky estimated at 9.3%

The outflow of smuggled cigarettes in Kentucky is 9.3 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.

Kentucky ranks 32nd best in new economic outlook analysis

Kentucky finished 32nd in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.

Kentucky ranks 17th best on corporate tax study

Kentucky finished 17th in a study by the Tax Foundation examining how well states have structured their corporate income tax systems in 2020.

Kentucky among the 36 states with major tax changes in 2020

Kentucky was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.

Kentucky job growth this year projected at 0.8%

Job growth in Kentucky is expected to reach 0.8 percent by the end of 2020, down from the state's 2019 job growth of 1.1 percent, according to a new study by Kiplinger that assessed state economic outlooks.

Kentucky lacks adequate funds to weather moderate recession

Kentucky would lack adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.

Kentucky ranks 24th in annual tax climate ranking

Kentucky finished 24th in a new study by the Tax Foundation showing which states are best at structuring their tax systems

College basketball coach is highest-paid public employee in Kentucky

John Calipari, head basketball coach at the University of Kentucky, earned $9.3 million in 2018, making Calipari the highest-paid public employee in Kentucky last year, according to a ranking by the website GOBankingRates.

Funding for arts agencies in Kentucky to reach $1.73 million in FY2020

Legislative appropriations for Kentucky arts agencies are projected to reach $1.73 million for fiscal year 2020, which equates to 39 cents per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).

Kentucky levies a total tax on lodging of 7%

Hotel room bills in Kentucky tack on a total state lodging tax of 7 percent, the 14th highest lodging tax rate in the nation, according to a study by the National Conference of State Legislatures (NCSL).

2,642 borrowers in Kentucky filed for student loan forgiveness in 2nd quarter

Borrowers in Kentucky who sought forgiveness of their student loans in the second quarter of 2019 numbered 2,642, according to a new state-by-state analysis by the U.S. Department of Education.

Metro Business Network