income tax

Kentucky Gov. Steve Beshear and his wife have released their 2012 state and federal income tax returns showing their total income was just more than $252,000.

That includes the governor's nearly $133,000 salary from the state, plus nearly $56,000 in dividends, more than $37,000 in capital gains and more than $25,000 in Social Security benefits.


The Tennessee House has given final approval to a proposed constitutional amendment to ban a state income tax.

The chamber approved the measure sponsored by Republican Rep. Glen Casada 88 - 8 Monday. The vote completes a lengthy process for constitutional amendments, which must pass both chambers in consecutive General Assemblies before they can go before the voters in the same year a governor's election is held. 

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Democratic leaders in the Illinois General Assembly are backing legislation requiring some corporations to reveal their income-tax bills. Senate President John Cullerton and House Majority Leader Barbara Flynn Currie are announcing their support for the measure today, the first day of the Legislature's fall veto session.