Wednesday, 12 November 2008
Beshear Plans To Ram Through Tax Increases
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It seems that Beshear is hell bent on ramming through some type of tax increase in this year's legislative session.
Of course I don't know why Beshear is so hot to trot on new taxes anyways. I have to imagine the efficiency study he promised during the campaign will be coming out soon. He has been in office for almost a year now so I can't imagine it will be much longer before the plan is unveiled. It promised to save us hundreds of millions of dollars annually. That should make up for any shortfalls in the budget which means we don't need any new revenue streams.
Apparently, government can't get by with less even though we are in a down cycle in the economy. It is amazing how companies and people can get by with less during lean times, but the government never can. They are always after some new "revenue" stream. Fortunately, we have a senate leader who just says no to higher taxes.Gov. Steve Beshear, coming off an election in which Democrats managed mostly to tread water in state legislative races, said he will move forward with plans for to generate more state revenue later this month.
At the top of the list is a potential increase in the state's 30-cent-per-pack tax on cigarettes. Beshear has suggested a special legislative session to address that, which he said must come after key revenue projections come out after Thanksgiving.
Of course I don't know why Beshear is so hot to trot on new taxes anyways. I have to imagine the efficiency study he promised during the campaign will be coming out soon. He has been in office for almost a year now so I can't imagine it will be much longer before the plan is unveiled. It promised to save us hundreds of millions of dollars annually. That should make up for any shortfalls in the budget which means we don't need any new revenue streams.
Posted by at 9:22 PM in Kentucky Politics
