Earlier this month, Governor Andy Beshear signed House Bill 1 into law, establishing a state spending plan that aims to reduce income tax rates and assist small business owners in retaining more of their earnings.
As President Biden revealed new rules regarding Title IX protections in April of 2024, which redefined “sex” to include “gender-identity,” an analysis by Bluegrass Times shows that Kentucky is one of 25 states that ban boys from playing in girls’ high school sports.
As of December 2024, Kentucky experienced a 22.1% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 20.7% increase.
NFIB State Director Tom Underwood has expressed that small business owners are paying close attention to a new bill that could alter the way they pay local taxes.