Kentucky Center for Economic Policy http://wfpl.org en Immigration Reform Would Help Kentucky, Report Says http://wfpl.org/post/immigration-reform-would-help-kentucky-report-says <p>Kentucky’s economy would benefit from comprehensive immigration reform, according to a report on immigration's impact on the state.</p><p>The Kentucky Center for Economic Policy last week released its report on "New Americans in Kentucky."</p><p>Kentucky’s immigrant population grew faster than all but six states from 2000 to 2012, the report said.&nbsp;</p> Sun, 06 Jul 2014 11:46:58 +0000 Jonathan Meador 9715 at http://wfpl.org Immigration Reform Would Help Kentucky, Report Says Bumping Minimum Wage to $10.10 Would Help Kentucky Workers, Reduce Child Poverty http://wfpl.org/post/bumping-minimum-wage-1010-would-help-kentucky-workers-reduce-child-poverty <p>Raising Kentucky's minimum wage would reduce child poverty and help about a quarter of the state's workers, said a brief released Wednesday by an economic think tank.</p><p>The Kentucky Center for Economic Policy say a $10.10 per hour minimum wage would lead to a boost in consumer spending.</p><p>That, they say, would spur job creation and allow low-income families to make ends meet.</p> Thu, 30 Jan 2014 15:00:00 +0000 Jonathan Meador 8407 at http://wfpl.org Bumping Minimum Wage to $10.10 Would Help Kentucky Workers, Reduce Child Poverty Kentucky's State Budget Outlook Worst in Recent Memory, Report Says http://wfpl.org/post/kentuckys-state-budget-outlook-worst-recent-memory-report-says <p>A survey of Kentucky's economy says lawmakers have a choice between reinvesting in services or making more cuts to government.</p><p>The report says $250 million in additional revenue won’t be enough to meet the state’s most pressing needs. The report was&nbsp;<span style="line-height: 1.5;">&nbsp;released Thursday by the Kentucky Center for Economic Policy.</span></p><p>Director Jason Bailey says this is the worst outlook in recent memory, and lawmakers must find ways to increase revenues to reverse the negative effects of budget cuts.</p> Fri, 03 Jan 2014 11:55:31 +0000 Jonathan Meador 8103 at http://wfpl.org Kentucky's State Budget Outlook Worst in Recent Memory, Report Says Expiring Unemployment Benefits Will Affect Thousands of Kentuckians http://wfpl.org/post/expiring-unemployment-benefits-will-affect-thousands-kentuckians <p>A Kentucky think tank is warning that unemployment benefits for tens of thousands of people in the commonwealth will expire Dec. 28 if Congress does not act.</p><p>The emergency benefits were created five years ago under President George W. Bush to combat the recession, and it now gives workers up to 73 weeks of unemployment compensation.</p> Wed, 18 Dec 2013 20:10:47 +0000 Phillip M. Bailey 7944 at http://wfpl.org Expiring Unemployment Benefits Will Affect Thousands of Kentuckians Kentucky School Tax Revenue Varies Widely Between Rich And Poor Districts http://wfpl.org/post/kentucky-school-tax-revenue-varies-widely-between-rich-and-poor-districts <p>A non-partisan economic policy group has released a report showing large gaps in per-student funding among school districts that approved tax increases this year.</p><p><span style="line-height: 1.5;">Around half of Kentucky school boards approved the maximum 4 percent property tax increase to help fund public schools. </span></p><p><span style="line-height: 1.5;">That's partly because the state hasn’t raised per-pupil funding for a number of years.&nbsp;</span></p> Wed, 11 Dec 2013 19:51:56 +0000 Devin Katayama 7870 at http://wfpl.org Kentucky School Tax Revenue Varies Widely Between Rich And Poor Districts Kentucky—and Most States—are Spending Less Per Student Than Before the Recession, Report Says http://wfpl.org/post/kentucky-and-most-states-are-spending-less-student-recession-report-says <p><span style="line-height: 1.5;">Kentucky lags behind its peers for funding its public education system since the recession, a</span><span style="line-height: 1.5; ">&nbsp;new report from the&nbsp;</span><span style="line-height: 1.5; ">Washington-based Center on Budget and Policy Priorities&nbsp;</span><span style="line-height: 1.5; ">shows.</span></p> Thu, 12 Sep 2013 17:18:45 +0000 Devin Katayama 6814 at http://wfpl.org Kentucky—and Most States—are Spending Less Per Student Than Before the Recession, Report Says Study: Immigration Reform Would Boost Kentucky Revenues By $23 Million http://wfpl.org/post/study-immigration-reform-would-boost-kentucky-revenues-23-million <p>A <a href="http://www.itep.org/immigration" target="_blank">study by the Institute on Taxation and Economic Policy</a> estimates Kentucky stands to gain $23.2 million in increased revenue should Congress pass a comprehensive immigration reform bill.</p><p>The 50-state analysis assumes that a pathway to citizenship for the 11 million undocumented immigrants in the country will be included in any legislative package.</p><p>That would add around 80,000 new Kentuckians who would fully participate in the state and local tax systems.</p><p>According to the study, those immigrants who are living in the U.S. illegally are already paying $10.6 billion a year in state and local taxes nationwide, which is $58.8 million in Kentucky.</p><p>Supporters of immigration reform argue the added revenue demonstrates creating legal channels for the undocumented helps immigrant and native households, especially in poorer states.</p><p>"Some people would be surprised by how much undocumented immigrants already pay in taxes, including sales, property and income. But immigration reform would increase those contributions especially with income tax by creating a legal path for full compliance," says Anna Baumann, a research associate with the Kentucky Center for Economic Policy, a non-partisan group that studies economic issues in the state. Wed, 10 Jul 2013 16:14:10 +0000 Phillip M. Bailey 6065 at http://wfpl.org Study: Immigration Reform Would Boost Kentucky Revenues By $23 Million Internet Sales Tax Bill Could Restore Some State Budget Cuts, Kentucky Group Says http://wfpl.org/post/internet-sales-tax-bill-could-restore-some-state-budget-cuts-kentucky-group-says <p>Your online purchases could alleviate some of Kentucky's budget woes.</p><p>The federal legislation that allows states to collect sales taxes from more online retailers would benefit the Kentucky state budget, argues a policy group focused on economic policy.</p><p>If such legislation passed, Kentucky could gain $130 million to $200 million in revenue per year, the state's&nbsp;<span style="line-height: 1.5;">Blue Ribbon Tax Commission has estimated.</span></p> Thu, 23 May 2013 17:34:38 +0000 Kenny Colston 5516 at http://wfpl.org Internet Sales Tax Bill Could Restore Some State Budget Cuts, Kentucky Group Says Policy Group Uses Census Data to Encourage Medicaid Expansion http://wfpl.org/post/policy-group-uses-census-data-encourage-medicaid-expansion <p></p><p>A progressive economic group says Kentucky should expand Medicaid under the Affordable Care Act based on recently release Census data.</p><p>The Kentucky Center for Economic Policy points to data that shows the percentage of Kentuckians without insurance dropped last year based on early elements of the health care law.</p><p>The drop was mainly attributed to a large number of young adults who are staying on their parents’ insurance thanks to one of the law’s provision.</p> Thu, 20 Sep 2012 17:57:56 +0000 Kenny Colston 1730 at http://wfpl.org