Search results for

Despite experiencing one of the worse droughts in U.S. history, agriculture economists in Kentucky are projecting record cash receipts for the state’s…

Kentucky’s Blue Ribbon Tax Commission will solidify its final list of recommendations Thursday afternoon, which could include imposing higher income taxes for those making more money. Gov. Steve Beshear created the group to review the state’s tax code, which officials have determined needs significant changes to respond to slowing revenue. According to a University of Kentucky report commissioned by the state, "tax revenue failed to keep pace with the economy or declined more than the economy," the past decade. Thursday morning the panel reviewed recommendations still on the table including corporate, property and sales taxes. WFPL caught up with commissioner Stu Silberman on the group's lunch break. He said they were provided information regarding the fiscal impact of these tax proposals. “They gave us a number of about $300 million but again that’s estimated. I would say it’s more like two to three hundred million generated therem" he said. But, Silberman said the commissioner still needs a large piece of the puzzle, which includes changes to personal income tax. The commission must present its final recommendations to the governor’s office by December 15.

White House spokesman Jay Carney put an end to intense speculation Thursday about whether President Obama would do an end run around Congress with one simple line: "This administration does not believe the 14th Amendment gives the president the power to ignore the debt ceiling — period."

After a nearly year-long review, Kentucky's Commission on Tax Reform has approved recommendations that could generate nearly $700 million a year. Some…

A year ago, some of President Obama's biggest supporters were dismayed when the administration did not lift the age requirements for obtaining the pill without a prescription. But advocates now see a new opportunity to push the issue.

By the time our children get to be our age, there will be fewer working people for each retiree. So they'll have to pay a bigger share of our retirement costs.

Storm sirens in Murray, Hazel, and on the Murray State campus will be tested today at about 9 a.m. The MSU sirens will be tested first, followed by city…

It's been 40 years since NASA launched Apollo 17, its final human mission to the moon. The commander of that mission says he'd love to give up his claim to fame as "the last man on the moon" but concedes that it probably won't happen in his lifetime. And future trips might be run by companies in the private sector.

A Calloway County grand jury has handed down two felony indictments against Murray State basketball player Zaveral “Zay” Jackson. The Paducah Sun reports…

Illinois is getting almost $35 million of federal aid for early childhood education. The Race to the Top Early Learning Challenge grant is funding a…