Kentucky Club for Growth
fighting and winning for economic freedom

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February 12, 2009

Tax Increases Fail Senate Committe, Then Passed

From the Herald-Leader, the tax increase failed the Senate Appropriations and Revenue Committee, then Sen. Elizabeth Tori (Hardin 11, 2008 rank #3) pulled the old "I'm not for it but I'll vote for it to keep it moving," which always bothers me. The article:

Tax increases squeak out of Senate budget committee

FRANKFORT -- The Senate budget committee narrowly approved a bill Thursday that would raise taxes on cigarettes and alcohol to help address a projected $456 million budget shortfall.

The committee voted 9-7 to send House Bill 144 to the full Senate after hearing from Gov. Steve Beshear, who said he fully supports the bill, and alcohol industry officials, who oppose the measure.

The initial vote was 8-8, which would have killed the proposal. But Sen. Elizabeth Tori, R-Radcliff, changed her vote to keep the bill moving.

The measure would generate about $180 million in a full year, but lawmakers expect to collect only $52 million in the remainder of this fiscal year, which ends June 30. The state's 6 percent sales tax would be added to packaged wine, liquor and beer while the tax on all tobacco products would double.

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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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