tax reform

Government
6:17 am
Mon April 21, 2014

Winners, Losers and Lost Causes From the General Assembly's 2014 Session

Credit Wikimedia Commons

By law, the only piece of legislation that the 2014  Kentucky General Assembly had to pass was a two-year state budget. All else, as Will Rogers put it, is applesauce.

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Government
4:33 pm
Tue February 11, 2014

Beshear's Tax Reform Proposal in House Budget Committee Today, A Behind-The-Scenes Look

Lt. Governor Jerry Abramson
Credit Flickr

Lt. Gov Jerry Abramson presented a draft of Governor Steve Beshear's proposed tax code changes to the House budget committee today, which was first announced by Beshear last week. The changes, if fully implemented, could raise an estimated $210 million annually by expanding the 6% sales tax to select services, an increased tax on cigarettes from 60 cents to $1 dollar per pack, and reducing tax breaks on pensions for people earning more than $80,000. On Sounds Good, Kate speaks with policy analyst and member of the Governor's Blue Ribbon Committee on tax reform, Jason Bailey about the events of the day.

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2013 KY General Assembly
7:53 am
Wed February 20, 2013

Stumbo Says No Tax Reform This Session

Credit Wikimedia Commons

Kentucky House Speaker Greg Stumbo says he doesn't expect a tax reform package vote during the current legislative session. Stumbo says such a package doesn't have the 60 votes necessary to pass in the House.

A special commission appointed by the governor proposed reforms that could generate almost $700 million a year in additional revenue.  

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2013 KY General Assembly
7:47 am
Wed February 6, 2013

Lawmakers Ready for Tax Reform Legislation, but Bill Unlikely This Session

Credit ltgovernor.ky.gov

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.

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