News of KFTC and our issues

Profitable Fortune 500 Companies in Kentucky Avoid Paying Millions in State Corporate Income Taxes

April 27, 2017

Despite strong profits for the nation’s biggest and most successful multistate corporations, a large share of Fortune 500 businesses — including some Kentucky-based companies — are paying taxes at a rate much lower than established tax rates, with some paying no taxes at all, according to a new report by the Institute on Taxation and Economic Policy (ITEP). 

‘Empower Kentucky’ for the future

April 20, 2017

(P)lenty of Kentuckians want to diversify the state’s energy mix to save money and create jobs.

Trump, Congress must stand by coal communities

April 18, 2017

Coal-mining communities are the backbone of this country. For decades we’ve kept the lights on in America by sacrificing our personal well-being. We need Congress to act to protect the health and pension benefits under threat to expire at the end of this month.

Taxing Groceries in Kentucky Would Hurt Low-Income Families, Weaken Revenue Growth

April 17, 2017

Governor Bevin has said he will propose tax reform in a special session this year that will move Kentucky toward a “consumption-based” tax system – in other words shifting from income taxes to greater reliance on sales taxes. One of the options for doing so would be to expand the state’s sales tax base to include groceries.

The Obama Idea to Save Coal Country

March 10, 2017

As part of the 2016 budget, the Obama White House created something called the POWER Plus plan specifically to help Appalachian communities that were getting left behind because of the rapidly changing energy market.

Profitable Companies, No Taxes: Here’s How They Did It

March 9, 2017

Complaining that the United States has one of the world’s highest corporate tax levels, President Trump and congressional Republicans have repeatedly vowed to shrink it.

Struggle over retired coal miners’ health care comes back to Capitol Hill

March 2, 2017

A dispute over fixing the health care fund of thousands of retired coal miners almost shut down the federal government in December. The solution was only temporary, and the issue is about to command Congress’ attention again.

As State Loosens Oversight, Coal Ash Contaminates Central Kentucky Waterway

February 28, 2017

As Kentucky regulators and utilities are pushing to loosen regulations on the state’s coal ash ponds and landfills, more pollution problems are emerging at one of the sites in central Kentucky.

Don’t let utilities squash Kentucky’s solar entrepreneurs. Here’s a better plan.

February 25, 2017

With the General Assembly controlled by business-friendly Republicans, electric utilities might have sensed an opportunity to ram through legislation to limit the growth of independent solar power in Kentucky.

Leaked report suggests millions could lose coverage under GOP health proposal

February 25, 2017
Vox

Republican replacement plans for Obamacare would lead to significant declines in the number of Americans with health insurance coverage, according to an analysis presented Saturday at

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