Can Bevin turn the ‘sacred cows’ of Kentucky’s tax code into hamburger?

Each year, Kentucky gives away more tax revenue through loopholes and incentive programs than it actually collects. Gov. Matt Bevin promised earlier this year to turn some of these "sacred cows" of Kentucky's tax code into hamburger, but that's ea
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Each year, Kentucky gives away more tax revenue through loopholes and incentive programs than it actually collects. Gov. Matt Bevin promised earlier this year to turn some of these "sacred cows" of Kentucky's tax code into hamburger, but that's ea

Here’s one way Kentucky could fund its pension promises to teachers and state workers

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Kentucky’s tax problem

Kentucky’s legislature needs billions of dollars to pay down the state’s unfunded pension liabilities. As it happens, Kentucky essentially gives away billions of dollars every year through what are called “tax expenditures.” Will Kentucky lawmakers close some of these loopholes?

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November 21, 2017 12:30 PM