April 18, 2018

The Courier-Journal: What the Recent Tax Bill Means for the Average Kentuckian

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Estimates are that the couple will pay about $200 more a year. “That’s a week’s worth of groceries, and it’s gas in the car,” she said. “The majority of the state is in my situation.”

An analysis of the changes by the left-leaning Institute on Taxation and Economic Policy says 95 percent of Kentuckians will pay more.

It says a household that earns $21,000 to $37,000 a year will pay an additional $148, while Kentuckians in the $37,000 to $92,000 range would pay from $183 to $213 more.

Households with an income from $92,000 to $175,000 would pay $135 more. Read more



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