Thursday, January 10, 2008

Will it be Beshear the Repealer?

House Leadership yesterday quietly assigned a bill that is very important both politically and fiscally to the Appropriations and Revenue Committee.

House Bill 26 would repeal the Limited Liability Entity Tax, also known as the Alternative Minimum Calculation signed into law by Governor Ernie Fletcher and hated by businesses paying the tax.

And if Governor Steve Beshear is really in a repealing and money-saving mood, he should support the effort to shut down the Treasurer's office, too.