Kentucky Club for Growth
fighting and winning for economic freedom

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February 11, 2009

Senate 32: Reynolds Wins, Let's Hold Him to His Words

Democrat Mike Reynolds won the special election contest to replace now-Congressman Brett Guthrie.  We have questions about Reynold's committment to economic freedom, but he should be a vote against HB 144 raising taxes on Kentuckians.

Losing Candidate J. Marshal Hughes had noted strong opposition ot tax increases, but now-Senator Reynolds had put limits on what sort of new taxes he would accept:

6. An increase in the cigarette tax is being suggested as a way to produce new revenue. If, after further budget cuts, it is still apparent that more revenue is needed for the state, how much of a tax increase would you support and why?

Hughes: I do not support increasing the cigarette tax or any other tax.

Reynolds: I would only support a 25 cent increase on a package of cigarettes and only if it comes to a vote.

HB 144 contains a 30 cent increase in cigarette taxes and a new 6% sales tax on alcoholic beverages, making them double-taxed (at the wholesale and retail levels) and making Kentucky sport the highest alcohol taxes in the country (we're #1!).  That would not seem to fit within Mr. Reynolds' criteria.

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06/23/09 : Session Could Finish Tonight; KEY VOTES

06/22/09 : KEY VOTE: HB 1

03/11/09 : Key Vote: HB 236 - Taxing IPTV

03/09/09 : Key Vote: HB 102 - Tolls

03/09/09 : Key Vote: HB 374 - Gas Tax Hike

03/03/09 : Key Votes: Some Good Legislation

03/03/09 : Key Votes: Driving Businesses Out of Kentucky

Drees: Raise gas tax to fund bridge - Pat Crowley, NKY.com

Ky. House nears tax vote - Pat Crowley, NKy.com


Donor records might have similarities - Lexington Herald-Leader

Club for Growth launches in Oregon

The Kentucky Club for Growth is proud to announce its 2007 scorecard rating members of the Kentucky General Assembly on fiscal issues.

How did your legislators do?


Club for Growth eyes spending - by Patrick Crowley, The Enquirer

Political group taking on state - by Stephenie Steitzer, Kentucky Post


Ky. jobless rate hits 11 percent - Courier-Journal...

The Governor's Budget Proposal
This is a reposting of the first article of email update sent out earlier today.  If you don't receive them, you may want to sign up.Here's the Governor's proposal:$147.1 million in spending cuts $81.5 million from a 70-cent cigarette tax...

$373 Million in Cuts
Governor Beshear has told agencies to plan for 4% budget cuts, suggesting that he's either expecting to raise taxes, or not expecting the $456 million shortfall to materialize.  4% of FY 2009 appropriated spending is only $373 million....

Governor Announces Administration Exploring Cuts, Taxes
Governor Steve Beshear announced that he is expecting a $294 million budget shortfall and is going to gauge public reaction before making a specific proposal to address it in December.  Cuts and taxes are on the table.Waiting until December is...

Strapped
The media is so sure there's a revenue problem, that it's hard to even fathom that the reality is that state revenue is increasing.

Business Tax Climate
We're #34 according to the Tax Foundation's 2009 State Business Tax Climate Index.

Financial Troubles
"The Negative Outlook reflects plans to continue to deplete fund balances and virtually drain the budget reserve trust in the current biennium. Further, Fitch remains concerned about the weakened pension funding levels and the commonwealth's rising debt position as an additional $1.65 billion in debt has been authorized for the biennium."

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