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Tiffin City Income Tax Form

Tiffin City Income Tax Form

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A new bill to cut Kentucky's income tax rate is heading to the Senate for discussion. Thursday, The House passed a bill to lower the individual income tax rate to 4% starting next year. Democrats argue it benefits the wealthiest in the state and takes away from the general fund. Republicans say it puts money back into people's wallets. Supporters pointed to the success of other states with the little the income tax, like Tennessee. Since 2000, Tennessee has grown 24.4%. More than twice of the growth of Kentucky this bill. Is about tomorrow. We're not gonna turn into Tennessee by reducing our income tax revenue. We'll turn into Tennessee when we grow smoky mountains and birth Dolly Parton. And become the capital of country music and Bachelorette parties. A bill passed last year already lowered the income tax rate from 5% to 4.5%.

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