7 Invisible Obstacles to Digital Marketing Success
7 Invisible Obstacles to Digital Marketing Success
5 Steps to Creating Successful Ads

Kentucky House votes to reduce the individual income tax rate, a top GOP priority | Politics [Video]

Categories
Starting a Business

FRANKFORT, Ky. (AP) — The Kentucky House voted Thursday to reduce the state’s individual income tax rate, as Republicans delivered on a top priority just three days into this year’s 30-day legislative session.

The measure aims to lower the tax to 3.5% from 4% at the start of 2026, continuing a downward trend in the personal income tax rate since Republicans gained full control of the legislature in 2017. The 90-7 House vote sends the bill to the GOP-led Senate, where it has strong support. Democratic Gov. Andy Beshear has signaled his support for the tax cut.

Supporters of House Bill 1 say the lower tax rate will promote long-term economic growth and population gains in the Bluegrass State by enabling people to keep more of the money they earn.

“We are not going to tax our way to prosperity,” Republican Rep. Jason Nemes said in touting the bill.

The bill won united support from House Republicans and from a number …

3 Steps to Building a Targeted Audience
3 Steps to Building a Targeted Audience
12 Steps to Create Videos