FRANKFORT, Ky. — Democrats in the state House voiced their concerns about a proposed cut to Kentucky's income tax by half a percentage point. But by the time the chamber gaveled out on the third ...

Petrie has represented a slice of Southwestern Kentucky since 2017. Republicans have generally cheered the bill, which has cut the income tax rate down from 5% to 4% in half-point increments over ...

Kentucky's Republican-dominated legislature ... As lawmakers were opening their session, Beshear reaffirmed his support for the tax cut, telling reporters: “I think we can handle one more ...

Business was under way in the House chamber on the first day of the 2024 Kentucky General Assembly in Frankfort, Ky. Jan. 2, 2024 Jeff Faughender/Courier Journal USA TODAY NETWORK In a truly ...

However, the proposed tax cut has sparked concerns about Kentucky's long-term financial health. Jason Bailey from the nonpartisan Kentucky Center for Economic Policy testified against the measure ...

However, several voted yes on the bill, saying they did so to give Kentuckians some tax relief. "This cut roughly would equal about $12 a paycheck for an average household Kentucky income of about ...

ANOTHER CUT WOULD COST $718 MILLION A YEAR ... passed House Bill 1 on Wednesday.The measure would lower Kentucky's income tax rate from 4% to 3.5% at the start of 2026.While there are many ...

Al Gentry, D-Louisville. Some economic groups have voiced concern that Kentucky will face challenges with permanent tax cuts. “Before these cuts began, the income tax generated 40% of the ...

(AP) -- The Kentucky House voted Thursday to reduce ... Andy Beshear has signaled his support for the tax cut. Supporters of House Bill 1 say the lower tax rate will promote long-term economic ...

Kentucky lawmakers have returned to Frankfort ... Andy Beshear indicated that he would support another cut to the state income tax. He hopes lawmakers will pass bills that were worked on last ...

(FOX 56) — Kentucky’s Republican-dominated legislature ... the financial conditions needed to set in motion another cut in the tax rate. Since Republicans passed a tax overhaul in 2022 ...