Tagged: Blue Ribbon Tax Commission

Kentucky’s Blue Ribbon Tax Commission has spent months learning how the state’s tax system works, and is now beginning to hammer out proposals to reform the state’s tax code.

The commission met again today in Frankfort to hear some final reports from the Beshear administration on how Kentucky’s current revenue systems work. State representative and commission member Jim Wayne says the reports served as another reminder of how far behind Kentucky has fallen. He says,

For months, the 23-member Blue Ribbon Tax Commission has listened to various groups about how to reform the Kentucky’s tax code.

Lieutenant Governor Jerry Abramson and Kentucky’s Blue Ribbon Tax Commission are seeking public comment to help develop recommendations on overhauling the state tax code.

A group of three economists hopes to provide key input to Kentucky's tax commission this summer.

The Blue Ribbon Tax Commission picked three professors to act as consultants as the group considers changes to the state's tax code. Two are from the University of Kentucky and one is from the University of Tennessee.

UK professor William Hoyt will serve as the principal investigator. He says the selection was an honor, and his goal for the group is to produce a slew of options to the commission.

Early last month, Kentucky Governor Steve Beshear’s Blue Ribbon Commission on Tax Reform held its first meeting to begin the process of addressing a long-discussed issue in the Commonwealth.  They’ll wrap up their workshops early next month and begin a series of public meetings around the state with a session in Paducah in late May.  Tax reform is a complex and contentious set of issues, and to get some perspective on how the commission will navigate those issues, I sat down with one of its members, CSI Chairman and former board chairman of the Federal Reserve Bank of Saint Louis, John Will