The House of Representatives just passed a tax increase bill 97-0.
Rep. Jim DeCesare's amendment to repeal the LLET came up for a voice vote (and clearly passed, according to my hearing, though Speaker Richards screamed "NO!" into his microphone.
Passing this bill simply makes it harder for companies to justify doing business in Kentucky. The bill raises taxes on companies who do business here but are headquartered in other states. No one can pretend this tax would cause any more companies to move their business here.
If we didn't shut off our candidate filing season earlier than anyone else in the country, a lot of people would have earned opponents today.
