Taxes News
Kentucky's license tax revenue up 25% in Q2 compared to same quarter of the previous year
Kentucky collected $140 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Higher individual income tax revenue in Kentucky during Q2
The second quarter of 2024 brought in $1.4 billion in individual income tax revenue for Kentucky, a 20.8% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.