About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and…
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Starting Jan. 1, 2023, there will be a 6% tax applied to utilities at residences if it is not the customer's domicile, or primary, residence. Those services would include water, electric and gas.
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Starting in January, Kentuckians will begin paying less income tax. But to pay for that dip in state revenue, lawmakers tacked on dozens of expansions to the sales tax.
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The sweeping measure— House Bill 8 — included no reduction in the state corporate income tax.