11:10am

Sun June 3, 2012
The Commonwealth

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.