ATTENTION ALL ELECTED SENATORS & HOUSE OF REPRESENTATIVES!!!
35 years ago General Assembly members and past and present Administrations received mantra in Greenup County Editorial piece in local newspaper; i.e., "reduce governmental spending in all areas OUTSIDE basic services to provide additional money for those things Kentucky must have---one of which is a good education system".
It is 2013 and political posturing (procrastination) is in full bloom! 35 years Kentucky's elected leaders (stewards) have not listened to it's constituencies! Kentucky taxpayers want KY EDUCATION PROTECTED FROM BUDGET CUTS by reducing government spending in all areas OUTSIDE basic services to provide additional money for those things Kentucky must have---one of which is a good education system.
Taxpayers' do not want to add more dollars to Kentucky's current debt load without higher revenues or lower spending.
Kentucky wants to limit subsidies currently built into the Kentucky's obsolete tax code. Such action would allow Kentucky tax code to shrink future deficits.
Therefore, applying this logic to the 2014-2016 biennium budget would cause the following reductions:
REDUCE:
$350 million-out-of-estimated-$1 BILLION of state tax expenditures;
Amend H.B. 44 by making permanent 15.5 cents real estate property tax rate
Amend H.B. 44 increasing maximum tax rate cap from 4% to 6% & eliminating recall;
$600 million corporate tax shelters estimated to bring in $600 million corporate tax dollars
Eliminate: amend 2013 corporate tax shelters by amending current legislation and closing loopholes bringing estimated to bring in $600 million rather than allowing corporate taxpayers $270 million of obsolete tax shelters;
$200 million of administrative personnel costs from executive, judicial & legislative branches;
CUT: $100 million of executive branch non-merit employees paid $100,000 or more in executive branch;
CUT: $ 60 million from judiciary branch personnel roster of an estimated 3,700 employees;
$1.4 million from Legislative Research personnel roster;
$19 million from reducing Superintendent roster from 174 individual districts to 17 regions;
$22 million from reducing number of PVA's from 120 individual counties to 17 regions & reducing total pay $12 million for estimated 680 roster of deputy PVA deputies;
ELIMINATE:Truck Weight-Distance Tax through "revenue neutral" tax strategy by combining Motor Fuels, Truck weight-distance and Truck registration fee revenues, then, through amendment of appropriate KRS, eliminate truck weight-distance tax.
COLLECT: estimated $300 million of motor vehicle property & usage tax evasion;
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| KY Budget must anticipate "social cost" since Kentuckians fall in 99% percentile
FEDERAL "SEQUESTER CUTS" COMING. KY'S 2014-2016 BIENNIUM BUDGET MUST BE POSTURED TO PROTECT EDUCATION.
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