April 9, 2018

Lexington Herald-Leader: Bevin Vetoes Entire State Budget and Tax Overhaul Plan

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Democratic lawmakers expressed support for Bevin’s decision to veto the tax changes. In a joint statement from Senate Minority Leader Ray Jones and House Minority Leader Rocky Adkins, the two Democratic leaders said the bills were not “transparently vetted” and referenced a study performed by the Institute on Taxation and Economic Policy that found that the tax bill would raise taxes for 95 percent of Kentuckians.

“These vetoes confirm the House and Senate Democrats’ concerns that the budget and revenue plan are wrong for Kentucky and irresponsible,” the statement said. “That is especially true of the revenue measure, which shifts the tax burden to 95 percent of working families while lowering taxes for corporations and the richest five percent.” Read more