Gov. Matt Bevin is calling upon the Kentucky General Assembly to make “bold, hard, decisions” when it comes to tax reform.
During Wednesday State of the Commonwealth speech, Bevin said tax reform and further steps to reduce the state’s $82 million pension deficit need to be done together in a special session this year. Bevin said some 300 tax loopholes deserve attention.
“We exempt more income in Kentucky than we take in. That’s going to have to change, ” Bevin said.