Rep. Bill Farmer unveils tax reform proposal

FRANKFORT, Ky. (AP) - Republican state Rep. Bill Farmer of Lexington is wasting no time in promoting his tax reform plan.

Farmer unveiled the proposal on Wednesday, a day after Gov. Steve Beshear called for unspecified tax reforms in his inaugural speech.

Farmer, a tax accountant who has served in the legislature since 2003, said the state's existing tax code is more than 70 years old and needs overhauling. His plan would bring major changes to the way income taxes and sales and use taxes are assessed.

House GOP Floor Leader Jeff Hoover of Jamestown said Farmer's plan isn't perfect but could be the starting point for discussions.

(Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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  • by Anonymous on Dec 26, 2011 at 01:25 AM
    The best thing Ky could do is ditch the income tax altogether and go to a FairTax-like plan. Let Kentuckians to earn their money tax free and end their enslavement to the politicians and lobbyists. If a govt. has to do anyone a "special favor" through the tax code, like give companies tax breaks to move here, that should tell you at least two things: 1) Taxes are too high 2)and they are allowing our govt. to be sold to the highest bidder! Perhaps if govt. wasn't so busy trying to "take care of us," WE could actually take care of ourselves and we poor could escape poverty rather than be held captive by it through the tax and welfare systems. For info on the national plan: It's time we join the 17 other states that either don't have an income tax or are working on eliminating theirs. When no one can earn a living without either paying the govt. first or face imprisonment in a court system (tax courts) where there is no "presumption of innocence," we are no longer free men and women. We are "indentured servants," slaves, for as long as we live and work! For that matter, why work to just struggle to pay your bills with no "frills" only to see more money taken the more you work, why not just quit work and let govt. pay your bills through the welfare system?
  • by John Location: Georgetown on Dec 17, 2011 at 03:42 AM
    Sure hope the voters get a look at this plan before it gets to far in committee.


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