Kentucky tax reform

Beshear Still Deciding on Special Session for Tax Reform, Redistricting

Kenny Colston (KPR) — Mon, 22 Apr 2013 11:49:59 +0000

Gov. Steve Beshear says he's still considering whether to call a special legislative session for later this year.

A few issues remain unresolved from the last regular session, mainly redistricting and further tax reform. And Beshear has been pushing for tax reform to pay for the state's education system.

KY Lawmakers Prepare for Start of Legislative Session

Whitney Jones and The Associated Press — Tue, 08 Jan 2013 13:20:44 +0000

Kentucky lawmakers start their legislative session today where they're expected to consider tax reforms and search for ways to shore up the financially troubled pension system for government retirees. A task force appointed by Gov. Steve Beshear has recommended a series of changes to the state tax code that could generate more than $600 million in additional revenue. A separate legislative task force has recommended pumping more money into the pension system, which has a $33 billion unfunded liability.

Governor Steve Beshear Plans to Tinker with Tax Reform Recommendation

Kenny Colston (KPR) — Mon, 10 Dec 2012 16:09:11 +0000

Kentucky's Blue Ribbon Tax Commission has wrapped up its work, but Governor Steve Beshear says the biggest challenge to revising the tax code still remains.

Tax reform is on the tip of the tongue every few years in Frankfort. But historically, not much has been accomplished. Beshear will get the commission's latest recommendations for tax reform this week. And it'll be up to him to convince lawmakers that the panel's work is worth turning into law.

Tax Reform Commission Finds $700M in Recommendations

Angela Hatton — Thu, 06 Dec 2012 22:29:27 +0000

After a nearly year-long review, Kentucky's Commission on Tax Reform has approved recommendations that could generate nearly $700 million a year. Some $500 million of that would come from individual income taxes, with another $200 million coming from expanding the state's sales tax to household utilities and several services that have traditionally been exempt.

Tax Reform Panel Last Meeting Next Week

Whitney Jones and The Associated Press — Thu, 29 Nov 2012 13:16:30 +0000

What is expected to be the final meeting of Kentucky’s Blue Ribbon Commission on Tax Reform is set for next week in Frankfort. The commission members will finalize their recommendations for reforming the state’s tax code Dec. 6.

Stumbo: Tax Commission Needs 'Courage' to Make Bold, New Proposals

Kenny Colston (KPR) — Mon, 19 Nov 2012 12:00:00 +0000

The Kentucky House speaker said the commission charged with proposing changes to Kentucky's tax code is "backing away" from controversial issues.

House Speaker Greg Stumbo said in a recent interview that the Blue Ribbon Commission on Tax Reform needs to be bolder. He said the appointed commissioners are approaching the tax code issues as if they have political capital to lose, refusing to offer new ideas.

State Rep. Makes Suggestions for Tax Reform

Dan Conti (KPR) — Tue, 16 Oct 2012 13:29:30 +0000

When the Kentucky general assembly tackles tax reform next year, State Representative John Will Stacy says lawmakers might want to take a look at companies that do a lot of business in the state but don’t have much of a presence here. The Democrat says there are many of them. He says,

Economic Consultants Suggest Kentucky Tax Food

The Associated Press — Wed, 19 Sep 2012 18:42:11 +0000

Economic consultants looking for ways to improve Kentucky's tax system have offered a variety of options that include imposing a tax on food and a variety of services ranging from haircuts to automotive repairs to funerals.

Officials Discuss Tax Reform in Kentucky

Stu Johnson (KPR) — Tue, 05 Jun 2012 13:50:56 +0000

A Lexington state representative with a history of tax reform interest says the current panel studying the issue is quite different in its makeup.