MSU's Arthur J. Bauernfeind College of Business presents an economic development conference next Tuesday, December 10 in the Curris Center. The College's dean, Dr. Tim Todd, visits Kate Lochte on Sounds Good with more information about the day long focus on "The Future of West Kentucky," including a keynote address by Kentucky Lt. Governor Jerry Abramson.
Kentucky’s Lieutenant Governor Jerry Abramson says he may announce his intentions regarding a run for Governor before or shortly after the August 3rd Fancy Farm Picnic. Jerry Abramson has served as Kentucky’s Lieutenant Governor since 2012 and previously served as Louisville Mayor for 21 years.
Abramson is one of a number of democrats discussing a run for the office including term limited Attorney General Jack Conway and former State Auditor Crit Luallen.
In just over a month, lawmakers are back in Frankfort for a special session on new boundaries for Kentucky’s legislative districts. But, there are no plans yet to resolve another issue facing the state.
It’s often called real tax reform or comprehensive tax reform. And it’s been on Frankfort’s radar screen for years. Despite numerous proposals, no substantial change in tax policy has come under serious consideration at the statehouse. Gov. Beshear says Kentucky needs a ‘modern tax system’ responsive to a 21st century economy. But, he admits, politicians would rather avoid the topic.
Kentucky lawmakers seemed eager to dig into another tax reform bill this year, but the chair of the latest tax reform commission says reform isn't likely coming soon.
Lt. Gov. Jerry Abramson—who chaired the commission—and Mary Lassiter, the secretary of the cabinet, addressed lawmakers on the budget committees about the recommendations of the Blue Ribbon Tax Commission.
Kentucky’s Blue Ribbon Commission on Tax Reform has proposed lowering individual and corporate tax rates, raising the cigarette tax and extending the state sales tax to certain services. Lt. Gov. Jerry Abramson says the changes recommended by the group would generate about $659 million in new state revenue each year. Abramson headed the commission and says the changes will make Kentucky more competitive in creating jobs.
Kentucky's Lieutenant Governor is pushing clean energy. In a speech to energy officials Wednesday, Abramson said the state is lacking green initiatives, and it needs to adapt as coal's decline continues.