Tax Foundation
Recent News About Tax Foundation
-
Top marginal tax rate in Kentucky could reach 54.34% under Biden plan
Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Kentucky could hit 54.34 percent, according to a new analysis by the Tax Foundation.
-
Kentucky depends on property taxes for 20.3% of its state, local funds
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.
-
Kentucky places tax of 87 cents per gallon on beer
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.
-
Kentucky collects $3.26 per gallon in wine taxes
The wine excise tax in Kentucky amounts to $3.26 per gallon, according to a Tax Foundation study based on January 2019 data.