Friday, December 16, 2005

Liberal KY Group Wants $1.8 Billion Tax Hike

Just in time for the Kentucky General Assembly session to start up, a Kentucky organization is calling for a special kind of tax reform. The Kentucky Economic Justice Alliance wants $1.8 Billion each year in tax increases.

One specific proposal is to increase property taxes by nearly two and half times. Further, the group wants to raise personal and corporate taxes but doesn't say how much.