Good Tax Policy: Equitable

There are three main principles we should think about when considering how our tax code provides revenue for vital investments in our state: Is it adequate? Is it sustainable? Is it equitable? In Kentucky’s case, the answer to all three of these questions is ‘no.’ We’ve already taken a look at adequacy and sustainability. In this post, we’ll take a look at why our tax code is inequitable and why a recent tax law has made it even less so. […]

There are three main principles we should think about when considering how our tax code provides revenue for vital investments in our state: Is it adequate? Is it sustainable? Is it equitable? In Kentucky’s case, the answer to all three of these questions is ‘no.’ We’ve already taken a look at adequacy.  In this post, we’ll take a look at why our tax code is unsustainable and why a recent tax law has made it even less so. A sustainable […]

There are three main principles that we should think about when considering a tax code: Is it adequate? Is it sustainable? Is it equitable? In Kentucky’s case, the answer to all three of these is ‘no.’ In this post, we’ll take a look at why our tax code is inadequate. What is “adequate”? An adequate tax code raises enough revenue to make right-sized investments in our communities. This means different things to different people, but after 20 rounds of budget […]