News by Michael Carroll | Bluegrass Times

IRS audit rate for Clay County residents is highest in Kentucky

By Michael Carroll | Jan 17, 2020

Clay County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Kentucky, according to an analysis by the website 24/7 Wall St.

Purchasing power of a dollar in Kentucky equals $1.14, study finds

By Michael Carroll | Jan 10, 2020

The purchasing power of a dollar in Kentucky, based on the cost of living and other factors in the state, is $1.14, according to a state-by-state ranking of the dollar’s value by the website 24/7 Wall St.

New motor vehicle laws take effect in Kentucky

By Michael Carroll | Jan 4, 2020

Hundreds of new state laws took effect across the nation this week, including minimum wage increases, new internet privacy rules, gun-related regulations, marijuana legalization and new tests on whether workers can be classified as independent contractors.

Kentucky depends on property taxes for 20.3% of its state, local funds

By Michael Carroll | Dec 27, 2019

Kentucky relies on property taxes for 20.3 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

1 county in Kentucky now 2nd Amendment sanctuary

By Michael Carroll | Dec 20, 2019

One county in the state -- Harlan -- is now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.

McCreary ranks the poorest of Kentucky counties

By Michael Carroll | Dec 19, 2019

McCreary was ranked the most impoverished county in Kentucky in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.

Kentucky places tax of 87 cents per gallon on beer

By Michael Carroll | Dec 13, 2019

State taxation on beer in Kentucky amounts to 87 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

7.1% of Kentucky bridges rated structurally deficient in study

By Michael Carroll | Dec 6, 2019

A total of 1,016 out of the 14,368 bridges in Kentucky – or 7.1 percent – were designated in poor shape in an analysis examining bridge conditions in the 50 states, Puerto Rico and Washington, D.C.

Kentucky collects $3.26 per gallon in wine taxes

By Michael Carroll | Nov 27, 2019

The wine excise tax in Kentucky amounts to $3.26 per gallon, according to a Tax Foundation study based on January 2019 data.

Indian Hills ranks the best suburb in Kentucky, study finds

By Michael Carroll | Nov 22, 2019

Based on a ranking consisting of 10 measurements, including income levels, home ownership and commute times, Indian Hills is the best Kentucky suburb in which to live, according to a 24/7 Wall St. analysis published this month.

Kentucky ranked ‘mixed’ in new Kiplinger tax guide

By Michael Carroll | Oct 18, 2019

The overall tax system in Kentucky was dubbed “mixed” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.

Kentucky receives ‘F’ grade on national ranking of states’ fiscal health

By Michael Carroll | Oct 10, 2019

Kentucky would need $33.4 billion to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).

Over 40 cases of Kentucky voter fraud documented by Heritage Foundation

By Michael Carroll | Oct 6, 2019

More than 40 people have been found guilty of election or voter fraud in Kentucky since the year 2000, according to a Heritage Foundation database that details such cases nationwide.

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