Kentucky Club for Growth
fighting and winning for economic freedom

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July 26, 2007

Energy bill

While the General Assembly hurries to hand out tax breaks to one company, how about one for the rest of us?

What's most troubling about this upcoming special session is that the General Assembly is willing to waste hundreds of millions of dollars on various vetoed projects in order to merely be able to spend $300-million in tax breaks for one company. After that, I expect Peabody will hope for more handouts for construction costs and other benefits merely for staying in the state.

If Kentucky's economic development policy is little more than a series of handouts to companies that "might leave" without the handout or "might not come" without the handout, taxpayers are getting a raw deal. 

Here's an idea: Don't spend either amount of money. Have a special session to cut several more projects. Use the savings for tax cuts and debt retirement and go home. Guess what, that's a better economic development policy.

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04/17/07 : 2007 Kentucky Club for Growth Scorecard

03/26/07 : House Bill 228 shields porkers from scrutiny

03/09/07 : Kentucky's senate votes to raise minimum wage

02/24/07 : HB 305: Wage controls

02/22/07 : KEY VOTE ALERT

01/07/07 : Key Vote: Budget Transparency

11/30/06 : A constitutional amendment to reduce lawmaker accountability?

Donor records might have similarities - Lexington Herald-Leader

Club for Growth launches in Oregon

The Kentucky Club for Growth is proud to announce its 2007 scorecard rating members of the Kentucky General Assembly on fiscal issues.

How did your legislators do?


Club for Growth eyes spending - by Patrick Crowley, The Enquirer

Political group taking on state - by Stephenie Steitzer, Kentucky Post

Projected state budget surplus is trimmed - by John Stamper, Lexington Herald-Leader

UK study: Tax breaks create fewer jobs than state claims - by John Stamper, Lexington Herald-Leader

Tax breaks don't create as many jobs as state claims, UK study finds - by John Stamper, Lexington Herald-Leader

Ky. minimum wage fight likely - editorial, The Enquirer

A brisk rise in American Wages - By Mark Trumbull, The Christian Science Monitor

Fletcher expects $278.9 million surplus - by Jack Brammer, Lexington Herald-Leader

Unemployment lowest in 5 years - By Jeannine Aversa, Associated Press

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