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Demovictory9

(32,323 posts)
Fri Apr 6, 2018, 02:17 AM Apr 2018

Kentucky legislators send tax cuts for wealthy, tax hikes for the other 95 percent to governors des

The Kentucky legislature passed a sweeping tax overhaul this week, and now lawmakers are asking Gov. Matt Bevin to sign a bill that would slash taxes for some corporations and wealthy individuals while raising them on 95 percent of state residents, according to a new analysis.

The proposal arrives on the Republican governor's desk at a charged moment in Kentucky politics: The bill flew through the legislature on short notice, and thousands of teachers went to the State Capitol building earlier this week to protest cuts to their pension system.

Bevin's position on the tax overhaul, Kentucky's biggest in more than a decade, remains unknown. He said in a statement that the bill and the state budget, which was also passed by the legislature and is awaiting his signature, may not be “fiscally responsible.” Bevin has until April 13 to sign or veto the bill or send it back to the legislature with modifications.

https://www.washingtonpost.com/news/wonk/wp/2018/04/05/kentucky-lawmakers-pass-tax-cuts-for-wealthy-tax-hikes-for-other-95-percent/?utm_term=.738937731751

The plan would flatten Kentucky's corporate and personal income-tax rates, setting both at 5 percent. Currently, Kentucky's corporate tax rate runs between 4 and 6 percent, while its income-tax rate ranges from 2 to 6 percent. The new flat rate of 5 percent for everyone means that small companies and Kentuckians with below-average incomes will face tax hikes, and higher earners will get tax cuts

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Kentucky legislators send tax cuts for wealthy, tax hikes for the other 95 percent to governors des (Original Post) Demovictory9 Apr 2018 OP
all those people keep voting for republicans. well here is their reward nt msongs Apr 2018 #1
Pretty soon Matthew28 Apr 2018 #2
Pretty soon is well done and burnt...have you been to Kentucky lately... pbmus Apr 2018 #3
A good share True Blue American Apr 2018 #4
Bevin is turning Kentucky into Brownbackenstein Norbert Apr 2018 #6
Yes,he is True Blue American Apr 2018 #7
"What is it going to take to wake these voters up?" FiveGoodMen Apr 2018 #8
.... jpak Apr 2018 #5

Matthew28

(1,796 posts)
2. Pretty soon
Fri Apr 6, 2018, 02:20 AM
Apr 2018

Kentucky will become a third world shit hole ruled over by the elites.

You the avg women or man?
-No education
-No investment in infrastructure
-No safetynet

No nothing

Get ready to live in your own waste until you wake up.

Norbert

(6,030 posts)
6. Bevin is turning Kentucky into Brownbackenstein
Fri Apr 6, 2018, 06:12 AM
Apr 2018

Screw teachers - check
Christian extremist friendly - check
Trickle-down on steroids - pending a certain check

Yeah, let's turn Kentucky into Kansas. What could possibly go wrong?

True Blue American

(17,972 posts)
7. Yes,he is
Fri Apr 6, 2018, 07:53 AM
Apr 2018

Last edited Fri Apr 6, 2018, 04:48 PM - Edit history (1)

Destroy the best Health care in in the country, punish Teachers and the poor!

What is it going to take to wake these voters up?

FiveGoodMen

(20,018 posts)
8. "What is it going to take to wake these voters up?"
Fri Apr 6, 2018, 04:27 PM
Apr 2018

They need to stop listening to the representatives of Hell (otherwise known as Southern Baptist preachers).

As long as they rely on these con men to get them into heaven, they won't oppose them at all.

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