Vice President Touts Tax Reform in Versailles

Mar 7, 2018

Vice President Mike Pence and Gov. Matt Bevin appeared Wednesday in Versailles.
Credit WLKY.com

Vice President Mike Pence was in Versailles today to promote the Republican tax cut that passed out of Congress late last year. 

He also voiced support for President Donald Trump’s proposal to impose tariffs on foreign-made steel and aluminum. 

“Whether it be renegotiating NAFTA or protecting our steel and aluminum industries, president Trump will always put American workers, American farmers and American companies first.” 
 

The tariff could benefit Kentucky aluminum manufacturers like Braidy Industries—the company that Gov. Matt Bevin helped attract to the state with a package of economic incentives. 
 

But it’s also stoked fears of a trade war and European Union officials have threatened their own package of tariffs, including an import tax on bourbon—Kentucky’s signature product. 
 

According to the Kentucky Distillers Association, Bourbon is an $8.5 billion industry in Kentucky and employs 17,500 people in the state.