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A NewsJournal for 21st Century West Kentucky

Vol. 10  No. 4 April 2018 (c)

FrontPage News

New Analysis Shows Kentucky's Tax Plan is a Millionaire Tax Cut | Kentucky General Assembly 2018, budget, Steve Rudy, Matt Bevin, Republican, poverty,
New Analysis Shows Kentucky's Tax Plan is a Millionaire Tax Cut

A new analysis from the Institute for Taxation and Economic Policy (ITEP) shows that the General Assembly's new tax plan, HB 366, is a huge tax cut for the wealthiest Kentuckians and a shift in reliance onto everyone else. As the graph shows, as a share of their income the richest 1 percent of Kentuckians -- who make on average $1,042,000 a year -- will will receive an average tax cut of $7,086 while the poorest 95 percent of Kentuckians will receive a tax increase.

The biggest tax increase as a share of income will go to Kentuckians making less than $21,000 a year...

 See the full story ...
Jason Bailey, KCEP, Jenice Robinson, Institute on Taxation and Economic Policy

Teachers gather in Frankfort - again | 2018 General Assembly, budget, education, Steve Rudy, Matt Bevin,
Teachers gather in Frankfort - again

Teachers and supporters of public education are in Frankfort again today to protest the retirement bill and the budget.

 See the full story ...

Taxation!  Where the pennies come from | budget, Republican, Matt Bevin, General Assembly 2018, Kentucky politics, tax,
Taxation! Where the pennies come from

The 2018 General Assembly is almost over. Two days left, April 13 and 14 are reserved to override any possible veto of budget by the Governor.

The losers far outnumber the winners in the race for more state revenue. Winners include horses and fine sippin' liquor. Losers include dogs, cats and mechanics.

 See the full story ...
Ivan Potter

Budget will zero out UK Press  | General Assembly 2018, budget, Matt Bevin,
Budget will zero out UK Press

The budget submitted by Governor Bevin to the General Assembly, HB 200, will eliminate funding for the University Press of Kentucky.

Without state support, the Press will be forced to close.

 See the full story ...
Mary Potter

Making Book on Pension Fund Reform See the full story ...
Big Daddy

Editorials

SB 1 - the devil is in the details | General Assembly 2018, Frankfort, pension reform, pensions, Kentucky politics,

SB 1, the pension bill, has issues according to retirees
SB 1 - the devil is in the details

Editor's Note: While SB 1 didn't pass, the terms were grafted into SB 151 ( a sewer bill) and passed by both Chambers.

...Senate Bill 1 would reduce benefits in areas such as compensatory and sick time. Would those changes reduce long-term liabilities? According to the analysis, the answer is "no." Those changes would have minimal impact. Would a new optional defined contribution plan reduce liabilities? The actuary says "the plan will not decrease the employer cost," but will simply shift the risks to the workers...

 See the full story ...
James Carroll, President, Kentucky Government Retirees

Politics & Government

HB 227: solar power under attack | solar power, General Assembly 2018, utilities, Gooch

The solar power industry faces state and federal hurdles. Photo: www.solarpowerauthority.com
HB 227: solar power under attack

Update: The solar bill is back after House leadership added three (friendly) new members to Gooch's committee. Kentuckians for the Commonwealth are saying call, call, call the General Assembly.

Rep. Jim Gooch (R - House 12) of climate denying and coal loving fame brought HB 227 which would gut the growing solar power movement in Kentucky. Committee Chair Gooch pulled HB 227 off the Natural Resources & Energy Committee schedule on Thursday.

The bill supported by the traditional utility industry, is opposed by Kentuckians for the Commonwealth and other consumer groups.

 See the full story ...
Mary Potter

Local libraries to take a hit in KY budget | Kentucky, General Assembly 2018, Matt Bevin, budget, library,

The bookmobile is one service of local public libraries.
Local libraries to take a hit in KY budget

Local libraries will lose all state funding under Governor Bevin's 2018 budget. Supporters are being asked to express opinions to their legislators.

State funds account for 80% of some public library budgets.

Legislative Day in Frankfort for library supporters - February 15th.

 See the full story ...
Mary Potter

Rare ADD History Document Found | Area Development Districts, PADD, economic development, economy, Kentucky

The Purchase Area Development District is headquartered in Mayfield. The author helped set up the ADDs.
Rare ADD History Document Found

Many of my records dwelt with the formation, organization of, and eventually the death of Kentucky Program Development Office. During 1972 I was a young regional planner for the state and oversaw specialized sections of the Kentucky Area Development Districts (ADDs) formation.

 See the full story ...
Ivan C. Potter

About Us

Publisher and editor of West Kentucky Journal bring decades of experience to writing | Ivan Potter, Mary Potter, West Kentucky Journal, politics, Clinton Kentucky,

Ivan and Mary Potter shopping in Hazel KY
Publisher and editor of West Kentucky Journal bring decades of experience to writing

Meet the husband and wife team responsible for West Kentucky Journal.

Editor's Note: Updated - Ivan Potter retired from the Clinton City Council as of January 1, 2017.

WKJ now has over 6000 articles and 2.5 million yearly views.

 See the full story ...
Mary Potter & Ivan Potter, West Kentucky Journal


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