Truth or Consequences on Tax Reform

Wednesday, July 17th, 2013

Tax reform was on the front burner Monday night on Kentucky Tonight when legislative leaders gathered around the table to discuss the complex and sometimes controversial measure.

Representatives Jim Wayne and Jeff Hoover and Senators Tom Buford and Gerald Neal all agreed that modernizing the state tax structure was extremely important, and they questioned why a plan or conversation about the issue was not taking place in Frankfort.

Governor Beshear’s Blue Ribbon Commission on Tax Reform met last year and issued a final report and recommendations in December. Other than a few speeches, not much has been done to prepare the 2014 General Assembly for addressing tax reform.

The commission’s final report contained dozens of recommendations. Of course, a lot of the debate boils down to which taxes might be raised or lowered, and how these changes will affect Kentucky businesses and citizens. During Kentucky Tonight, lawmakers answered a viewer’s email which asked who would be the winners and losers if tax reform was enacted in the state.

You can watch the full program here.

On another matter, join me next Monday, July 22nd, for a live, special edition of One to One. I’ll be in the Louisville studio with Louisville Mayor Greg Fischer and Mayor Jim Gray of Lexington. We will discuss the economic growth opportunities for the state’s two largest cities, and how an immigration plan might be received in their cities along with other issues they’re dealing with.

We want you to participate — during the broadcast, we will answer emails at onetoone@ket.org and Tweets @BillKET. The program airs Monday, July 22nd at 8/7 Central on KET, and will also be streamed live at KET.org/live.

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