ICYMI: Repubs ignore pleas to invest in our people, give giant tax break to the rich
For most Kentuckians, additional sales taxes will wipe out the tax cut.
FORWARD KENTUCKY
In a move that surprised no one, the Kentucky House today passed their top priority bill, HB1, almost completely along party lines. The final vote was 79-19, with Ashley Tackett Lafferty voting with the Repubs to pass the bill.
Last year, the Republicans cut the state’s income tax rate from 5% to 4.5%, effective on January 1 of this year. This year’s bill cuts the rate still further, to 4% on January 1 of next year.