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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Kentucky's General Assembly goes back to Frankfort to begin the new legislative session on Jan. 2.
FRANKFORT, Ky. (WDRB) -- It was a jam packed short session for Kentucky lawmakers in Frankfort.
You can now file your 2022 Kentucky income tax returns with processing of tax returns beginning on Feb. 6, 2023.
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The bill would cut the current tax rate to 4% in 2024, if revenue goals are met.
The state's $1 billion budget surplus triggers a half-point reduction in income tax.
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The sweeping measure— House Bill 8 — included no reduction in the state corporate income tax.