Income tax cut expected to be a top priority

Income tax cut expected to be a top priority as Kentucky lawmakers convene for a 30-day session
Kentucky's Republican-dominated legislature convened Tuesday to start a 30-day session expected to include action to reduce the state's individual income tax rate. GOP lawmakers also will resume efforts to curb diversity,
Income tax cut clears Kentucky House on bipartisan vote
Republicans in the GOP-dominated Kentucky House of Representatives easily advanced a bill over concerns voiced by some Democrats Thursday to further reduce the state’s income tax rate as part of their goal of eventually eliminating the income tax entirely.
Another cut in Kentucky’s income tax is rolling as Republicans advance House Bill 1
Republican lawmakers wasted no time advancing a bill on the second day of this year’s legislative session to further reduce Kentucky’s individual income tax rate. The bill is a top GOP priority and would move Republicans closer to their goal of eventually eliminating the tax altogether.
Kentucky House votes to reduce the individual income tax rate, a top GOP priority
The Kentucky House has voted to reduce the individual income tax rate, as Republicans deliver on a top priority three days into the new legislative session.
Not total déjà vu, but Kentuckians can expect another income tax cut
Republican supermajorities in the Kentucky General Assembly are expected to begin the 2025 legislative session the same way they began the 2023 session with a popular bill that will cut the state income tax rate by one-half of 1 percentage point.
Kentucky lawmakers pass session rules, introduce income tax cut on opening day
State lawmakers met in Frankfort on Monday to begin the 2025 legislative session — welcoming new members, introducing legislation and arguing over their own rules and procedures.
Trump Allies Fret Tax-Cut Plans at Risk With GOP Infighting
A faction of President-elect Donald Trump’s allies is harboring doubts about Republicans’ chances of passing a sweeping tax ...
Trump promised to cut tax on tips. That’s trickier than it sounds
Cindy Kramer, 38, works well over 60 hours a week juggling four different jobs in Staten Island, New York, to support her child and make ends meet. Two of those jobs are bartending.
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Income tax cut clears House by wide margin
Legislation that would cut the state’s income tax rate from four percent to 3.5 percent effective January 1, 2026, has become ...
Lindsey Graham Issues Warning to Republicans Pushing Tax Cuts
The South Carolina senator pushed for putting border security ahead of tax cuts during a Fox News interview Sunday.
This Tax-Free 7.8% Dividend Could Soar In 2025
Jerome Powell’s recent “hawkish cut” is set to light a fire under high-yielding (and tax-free!) municipal bonds.
President-Elect Donald Trump's Tax Cut Proposals Come With Unforeseen Consequences for Social Security
Collectively, the CRFB sees Trump's tax cut proposals increasing Social Security's cash shortfall by $1.85 trillion over 10 ...
UK firms to raise prices and cut jobs after tax hike, BoE survey shows
British businesses expect to raise prices and reduce headcount in response to an increase in employers' social security ...
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Utah lawmakers set aside more than $200M for 2025 tax cuts. What break will taxpayers get?
Will this be the year Utah eliminates state income taxes on Social Security? With $200 million in the bank for the state, the ...