tax reform commission

Politics
6:22 am
Wed February 5, 2014

Kentucky Gov. Steve Beshear Makes Tax Reform Proposal

Steve Beshear
Credit Rae Hodge/Kentucky Public Radio

Kentucky Gov. Steve Beshear's tax reform plan would raise an additional $210 million in revenue each year.

In announcing his proposal Tuesday, Beshear said the plan would make Kentucky’s economy more competitive with neighboring states by taxing services, lowering income taxes, and reducing the top corporate income tax by a tenth of a percent.

Newly taxed services would include auto and computer repair, landscaping, janitorial services and security systems, as well as luxury services like tanning salons, golf courses and marinas.

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Politics
5:38 pm
Tue October 30, 2012

Abramson: Tax Reform Commission Needs More Time

The Kentucky Commission on Tax Reform is planning to ask for an extension.

That's according to commission chair and Lieutenant Governor Jerry Abramson, who says there are too many options for reforming the state tax code to fully consider by the November 15th deadline.

“I think at our next meeting unless we solve the whole thing in five hours I’ll probably ask the group to give me the authority to request of the governor an extension of time and I feel very confident we’ll be able to get that,” says Abramson, adding that the final report could be complete by mid-December.

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