The American Legislative Exchange Council (ALEC) released its fifth annual Rich States,Poor States rankings. Interested in where Kentucky landed? Brace yourself, it is not pretty.
Kentucky’s economic outlook was ranked 39 out of 50 states. There were a handful of areas the state was deficient in that specifically damaged its rankings:
- Kentucky is not a right-to-work state (ranked #50)
- Debt service as a share of tax revenue in Kentucky is 13.2% (#49)
- Kentucky levies an estate/inheritance tax (#50)