In a news report Thursday, the chair of the Senate Committee on Appropriations and Revenue confirmed that Kentucky missed targets allowing legislators to vote on another cut to the state income tax in the 2026 legislative session. Upon the news, KyPolicy Executive Director Jason Bailey released the following statement: “The state did not meet the […] The post Kentucky Misses Targets for Another Cut to the Income Tax Rate appeared first on Kentucky Center for Economic Policy.| Kentucky Center for Economic Policy
The conditions to cut taxes were met because lawmakers moved the goalposts on the formula required to make the cuts and constrained needed spending.| Kentucky Center for Economic Policy
The likely abandonment of the March to Zero is a refreshing reminder that most of us can agree on the important role taxes play.| Kentucky Center for Economic Policy