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Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

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Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Kentucky INK Plan Scrutinized

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Friday, March 13, 2009   

Frankfort, KY – Kentucky lawmakers may still "ink" the state legislative proposal known as Kentucky INK. It would expand tax incentives for big companies in Kentucky and create new incentives for corporations and the film industry – with the idea that jobs would be created.

Jason Bailey, research and policy director at MACED (Mountain Association for Community Economic Development), says the state is already generous enough with tax incentives. His group has long called for such incentives to be scrutinized for their impact on the state budget, accountability for the quality of jobs created, and to research whether they actually grow the economy.

"Recruitment and those sorts of things and the use of incentives are a piece of the economic development pie, but they shouldn’t be the entire pie. And, we continue to focus our resources on that."

Incentives should not always focus on big business, or recruiting big companies to the state, according to Bailey, who adds there are other tools for investing in economic development.

"Supporting entrepreneurship, supporting small business development and existing business development with services that make them stronger; putting more resources into workforce development."

A University of Kentucky study found the state has fared much worse economically than other states in the South, and those other states are not so generous with tax incentives. Supporters of the incentives say they're important to keep the cost of doing business in Kentucky among the lowest in the country.

Kentucky INK (Incentives for a New Kentucky) is HB 229. While it did not pass both chambers, it could still be attached to legislation in conference. The University of Kentucky study mentioned is at www.cber.uky.edu.




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