DEEP CUTS & COLLECTIONS OVER NEXT TWO BIENIUMMS:
CUT: $100 million state personnel beginning with elimination of 70 PVA statutory offices &
decreasing all legislative and judicial branch employees by 20%
COLLECT: amend legislation making online vendors responsible for collecting and submitting estimated $200 million KY use taxes from online consumer Kentucky purchaser's
COLLECT: $100 million from mis-registered KY owned motor vehicle owners & car lease/rental vendors operating from KY airports
AMEND: ELIMINATE Corporate Tax Shelters equaling estimated $400 million
AMEND: reduce $750 million of state tax expenditures by amending applicable legislation pertraining to state tax expenditures--
AMEND: Legislation replacing defined benefits with defined contribution retirement package
effective: 1/1/08
AMEND: Legislation raising cigarette tax to 75 cents per pack bringing in estimate $75 million
AMEND: Legislation eliminating obsolete industries and adding relevant industry; i.e., services
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment