Kentucky tax breaks bleed billions of dollars from state government
Tom Loftus
September 17, 2012
The Courier-Journal
In Kentucky, it seems as if there’s a tax break for everyone — and almost everything.
The state offers tax breaks for parsonages and precinct workers, public assistance benefits and prescription medicine, personal aircraft and theme parks.
In all, Kentucky’s tax code is laden with 253 tax breaks that add up to more than $12 billion in annual tax relief, according to the Governor’s Office for Economic Analysis. That’s more than all the revenue that goes to the state’s general and road fund funds combined.
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