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Monday, February 28, 2022

Tax reform legislation pending in state House - WHOP

Talk of tax reform will be prevalent in the second half of the 2022 session of the Kentucky General Assembly.

State Representative Jason Petrie of Elkton filed tax reform legislation Friday that would gradually move Kentucky toward a system similar to Tennessee, where there is no state income tax.

Representative Myron Dossett supports House Bill 8 and says it would expand the sales tax base without taxing groceries or medicine and he believes Kentucky could be without an income tax within five to eight years.

Representative Walker Thomas also supports the tax reform measure, believing it’s long overdue.

Thomas also notes the Senate has legislation pending that would rebate most working Kentuckians 500 to $1,000 from their 2020 income taxes to help families dealing with inflation.

Meanwhile, Senator Whitney Westerfield returns to Frankfort Tuesday following a mild bout with COVID-19 and says his online consumer protection bill will be heard again in committee as the big tech companies fight back.

Lawmakers are set to be in Frankfort for a full five-day workweek.

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Tax reform legislation pending in state House - WHOP
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