To generate more money, Kentucky Gov. Steve Beshear would look to
smokers, wealthy retirees and some companies providing services.
Beshear’s proposed tax plan unveiled Tuesday would net another $210
million for the state.
“A fundamental weakness continues to hold us
back, an archaic tax code that was designed for (a) 20th century
economy,” Beshear said.
Beshear would fix that by expanding the sales
tax to some services, raising the cigarette tax and creating a tax on
e-cigarettes, and eliminating some of the tax exemptions for retirees
earning more than $80,000 a year.
For the full story, visit The Kentucky Enquirer online.
