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Tax Reform Panel Faces Monumental Task
The panel appointed by Gov. Steve Beshear to make Kentucky’s tax system more fair and more competitive with other states has a monumental task before it. The list of tax exemptions the state offers alone fills 161 pages. “For example, there’s a sales tax on feed for horses but there’s not a sales tax on feed for cows,” said Lt. Gov. Jerry Abramson, who chairs the 23-member commission tasked with making recommendations on how to improve the state’s tax structure.