ICYMI: Repubs ignore pleas to invest in our people, give giant tax break to the rich
Berry Craig
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.