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W 8 From Revform online Kentucky: What You Should Know
A copy of this statement is available for viewing. Kentucky Businesses and Self-Employed Kentuckians are known for their pride and patriotism and work hard for it. They are great people, and they deserve equal treatment under the law. Kentucky will soon pass and start enforcement of new regulations under the new tax reform package. The new federal tax reform package will reduce taxes for Kentucky and will be a good for business owners. I have received hundreds of phone calls from employees and businesses about the current tax system. I've been in the legislature since 1993 and never heard any complaints about the tax system. The Kentucky tax reform package is a step in the right direction. The final tax bill being passed by the Senate contains some improvements for the individual income tax. We will not see tax relief until the legislation reaches the House. The package includes changes by lowering tax rates on small businesses and corporations and expanding the adoption tax credit to allow businesses to pass their tax savings on to their employees. This package will be on my desk by the end of this week. We will have information for you as the House of Representatives and Senate move this package through the session. House Bill 8: The tax reform package is not great for business owners, however, the plan is a step in the right direction for a fairer tax system. I am excited about working with the Senate and members of the House to address the shortcomings in this bill. Louisville has a long history to be proud of, but for too many who have not been here, the past has been forgotten. That is an unfortunate reality, and it is my job to move Kentucky forward and to create the same opportunities that people take for granted just to live in our wonderful state. I am a Kentucky boy, and I want to see a Kentucky that I know and love. I want to make sure everyone else can have a fair chance to succeed and move up to the highest rungs of success. Furthermore, I expect everyone to look at every member of the House, Senate and the Governor as a person of integrity who values education, ethics, hard work and respect in both the business and political world. Furthermore, I look forward to working with each one of you, the people of Kentucky.” Jason Metric: I'm proud and excited to announce the passage of HE 8 this week.
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