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Opponents of the new law say local communities will be impacted by the loss of revenue generated by the tax that helps fund essential services. They've also criticized industry officials for asking for a tax break while reporting historic growth and revenue.
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More than 25 counties in the commonwealth stand to lose millions of dollars in revenue that goes toward libraries, schools, and emergency services from property taxes generated by the bourbon barrel tax.
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Parents across the country will begin receiving monthly payments Thursday as a part of an expansion of the child tax credit under the American Rescue…
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In a year when Kentuckians struggled to pay their utilities bills because of a global pandemic, Louisville Gas and Electric’s parent company paid nothing…
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Job losses, furloughs, and business closures due to the COVID-19 pandemic forced a record number of Kentuckians onto state unemployment rolls in 2020.Now,…
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A new report from Pew Charitable Trusts shows tax revenues in Kentucky have rebounded to levels seen before the “Great Recession.” The report finds that a…
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Gov. Matt Bevin says that if he’s reelected, he’ll push for changes to the state’s tax code, including a shift from the income tax to a sales tax and…
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The city of Bowling Green is considering next steps for what are known as “Opportunity Zones”. The city recently held a workshop on the program, which is…
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Coal companies controlled by the family of West Virginia Gov. Jim Justice have agreed to a settlement covering millions of dollars in overdue property…