Deep Business Tax Cuts Are Not the Key to a Stronger Kentucky Economy
February 21, 2014
Governor Beshear’s tax reform proposal includes a substantial amount of new business tax cuts aimed at making the state more competitive. But tax cuts are not the most effective way to grow jobs and build our economy. Instead, by leaving Kentucky with less revenue to invest in education, health and other public services that businesses rely on, more business tax cuts weaken the foundation of the state’s economic growth.