Blue Ribbon Tax Commission

Government
7:16 am
Thu November 29, 2012

Tax Reform Panel Last Meeting Next Week

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.

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Politics
7:26 am
Fri November 9, 2012

Tax Commission Proposes Decreasing Exemptions for Pensioners

A tax reform panel appointed by Governor Steve Beshear is considering a proposal that would result in more retirees having their pensions taxed. Lieutenant Governor Jerry Abramson is chairman of the Blue Ribbon Commission of Tax Reform.  Abramson says members may recommend tweaking a policy that exempts annual pensions of $41,100 or less from taxes.

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Government
12:41 pm
Wed October 24, 2012

Blue Ribbon Commission Rejects Food Tax Proposal

Chad Lampe

Kentucky Governor Steve Beshear’s Blue Ribbon Commission on Tax Reform has rejected a proposal to tax food at grocery stores. Consultants say a 6 percent tax could generate about $500 million each year. The 17-member commission dismissed it as a burden on the poor.  The Courier-Journal reports members met for nearly four hours yesterday to shorten a list of 96 recommendations.

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Politics
4:07 pm
Tue October 2, 2012

Tax Commission Gets Final Reports as Deadline Draws Near

Kentucky’s Blue Ribbon Tax Commission has spent months learning how the state’s tax system works, and is now beginning to hammer out proposals to reform the state’s tax code.

The commission met again today in Frankfort to hear some final reports from the Beshear administration on how Kentucky’s current revenue systems work. State representative and commission member Jim Wayne says the reports served as another reminder of how far behind Kentucky has fallen. He says,

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Politics
4:15 am
Mon July 9, 2012

Abramson Says Tax Code Exemptions Questioned During Blue Ribbon Meetings

For months, the 23-member Blue Ribbon Tax Commission has listened to various groups about how to reform the Kentucky’s tax code.

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Taxes
12:01 pm
Wed May 30, 2012

Public Comment Begins for Kentucky's Blue Ribbon Tax Commission

Chad Lampe

Lieutenant Governor Jerry Abramson and Kentucky’s Blue Ribbon Tax Commission are seeking public comment to help develop recommendations on overhauling the state tax code.

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Economics
11:56 am
Fri May 4, 2012

Tax Consultants Plan to Consider Different Approaches as They Advise Commission

A group of three economists hopes to provide key input to Kentucky's tax commission this summer.

The Blue Ribbon Tax Commission picked three professors to act as consultants as the group considers changes to the state's tax code. Two are from the University of Kentucky and one is from the University of Tennessee.

UK professor William Hoyt will serve as the principal investigator. He says the selection was an honor, and his goal for the group is to produce a slew of options to the commission.

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Government
6:00 pm
Fri April 13, 2012

Blue Ribbon Tax Reform Commission

Early last month, Kentucky Governor Steve Beshear’s Blue Ribbon Commission on Tax Reform held its first meeting to begin the process of addressing a long-discussed issue in the Commonwealth.  They’ll wrap up their workshops early next month and begin a series of public meetings around the state with a session in Paducah in late May.  Tax reform is a complex and contentious set of issues, and to get some perspective on how the commission will navigate those issues, I sat down with one of its members, CSI Chairman and former board chairman of the Federal Reserve Bank of Saint Louis, John Will

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From the Capitol
2:44 pm
Tue April 10, 2012

Tax Commissions Hears Past Reports, Delays Picking A Consultant

Scott Steiner-Wikimedia

A commission tasked with coming up with elements of a new tax code for Kentucky held its second meeting in Frankfort today.

The group is chaired by Lieutenant Governor Jerry Abramson and is made up of business leaders from across the state.

During the all-afternoon meeting, the group received overviews of the dozen tax commissions that came before the current one.

And while giving the highlights, Greg Harkenrider, an economist in Governor Steve Beshear’s administration, told members that one change won’t cure all ills.

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Government & Politics
8:02 am
Fri February 10, 2012

Beshear Appoints Tax Reform Commission

Kentucky Governor Steve Beshear has appointed a 23-member ‘blue ribbon commission’ to study the state's tax system and propose a reform plan. The commission will be headed by Lt. Governor Jerry Abramson and will review the state's current tax system and make recommendations by November 15th. Beshear says the state needs to ensure it has a tax system that produces adequate revenue to meet Kentuckians’ needs. He also says tax revenue has been growing at a rate of 70 to 75 percent of the economy's growth and state government has cut spending by $1.3 billion.

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