WKYT | Lexington, Kentucky | News

Proposed Tax Has Some Fired Up

FRANKFORT, Ky. (AP) - A lawmaker has filed legislation that
would increase Kentucky's cigarette tax by 70 cents a pack.
State Rep. David Watkins, D-Henderson, said the measure would
generate needed state revenue and discourage people from smoking.
He is proposing that the cigarette tax be increased from 30
cents to $1 a pack.
The Legislative Research Commission estimates that the measure
could generate an additional $205 million in tax revenues. The
state currently receives $165 million a year from cigarette sales.
Lawmakers have been eyeing the tax increase as a way to help
offset a budget shortfall of nearly $900 million over the next two
years.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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