Comment on Kentucky
by Editor | 02/10/14 6:18 AM
Gov. Steve Beshear presented a major tax reform measure last week that he said would produce more revenue, and a new statewide poll shows Democrat Alison Lundergan Grimes leading Republican Sen. Mitch McConnell. Bill Bryant, substituting for Ferrell Wellman, discusses the latest news with a panel of journalists on Comment on Kentucky.
Guests are Jack Brammer, Frankfort bureau chief, Lexington Herald-Leader; Al Cross, director of the Institute for Rural Journalism and Community Issues, University of Kentucky; and Tom Loftus, Frankfort bureau chief, Louisville Courier-Journal.
The governor’s tax reform proposal would increase cigarette taxes, extend the 6 percent sales tax to several services not currently taxed, and reduce the exclusion of pension income from state income tax. “It raises, once fully implemented, about $210 million a year. That compares to a state General Fund of about $10 billion a year, ” said Loftus.
The Bluegrass Poll shows Grimes with a 4-point advantage over McConnell, 46 percent to 42 percent. “Let’s remember, folks, there’s a 3 point margin of error in this poll, and that applies to both numbers,” said Cross.