Sunday, February 15, 2009

 

Kentucky Governor Signs Tax Bill

Within hours after the Senate approved it, Friday, Governor Steve Beshear signed legislation to raise taxes on alcohol and cigarettes. Beshear says the new taxes should bring the state enough money to avoid deeper funding cuts for education, health care and public safety programs. Lawmakers approved doubling the state's cigarette tax, raising it to 60 cents per pack, and imposing a 6% retail sales tax on alcohol--beer, wine and liquor. The new taxes take effect April 1st.





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