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Will Kentucky cut its Income Tax Again?

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www.youtube.com – FOX 56 News – 2024-08-25 13:38:44

SUMMARY: Kentucky’s individual income tax rates are set to decrease from 4% to 3.5% in 2026, pending legislative approval. Senate budget chairman Chris McDaniel indicated that the state’s Reserve Fund has surpassed $5 billion, meeting the conditions for this tax cut. However, there are concerns that lowering income taxes may lead to increased consumption taxes, as Democrats argue that balancing the budget requires compensating elsewhere. Legislators face pressures to meet citizen needs while maintaining government services. Overall, the tax adjustment aims to stimulate economic growth, though critics warn of potential risks, citing examples from other states.

Kentucky appears to be on track for another income tax cut. Rep. Savannah Maddox and Rep. George Brown discuss how sustainable the move may be long term.

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News from the South - Kentucky News Feed

Kentucky State Police arrests Somerset man after standoff

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www.wnky.com – WNKY Staff – 2025-06-16 08:48:00

SUMMARY: In Somerset, Kentucky, 69-year-old John Woody barricaded himself in his home after shooting into neighboring residences. Authorities were alerted Sunday evening, and after unsuccessful negotiations, the Kentucky State Police Special Response Team was called in. Woody then fired at troopers, prompting the use of less-lethal force to apprehend him. He faces charges including first-degree wanton endangerment for discharging a firearm and attempted murder of a peace officer. Additional charges were filed by the Somerset Police Department. The investigation, involving multiple law enforcement agencies, is ongoing.

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News from the South - Kentucky News Feed

Evening Forecast 6/14/2025

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www.youtube.com – FOX 56 News – 2025-06-15 01:16:35

SUMMARY: The evening forecast for 6/14/2025 predicts scattered showers and thunderstorms due to an area of low pressure dominating the region. Tonight, steady showers are occurring in Pulaski, Knox, Casey, and Nicholas counties, with temperatures around 70-72°F and high humidity creating muggy conditions. This tropical, stormy pattern is expected to continue throughout the week with daily afternoon and evening rain, some potentially strong storms, but low severe threat. Overnight lows will be near 68°F with fog development. Father’s Day will see similar weather—scattered storms and lots of humidity with highs in the lower 80s. Drier, warmer weather may return next weekend.

Evening Forecast 6/14/2025

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Daily afternoon showers and storms for Sunday

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www.youtube.com – WLKY News Louisville – 2025-06-14 18:11:08

SUMMARY: Scattered showers and thunderstorms continued across the region Saturday and are expected to persist through Father’s Day and much of the upcoming week. Hot, humid conditions will combine with upper-level disturbances to trigger daily afternoon storms. Most activity dissipates by evening, but isolated showers may linger. Sunday begins mostly dry with patchy fog and clouds, then scattered storms return by mid-afternoon. Despite the rain chances, outdoor Father’s Day plans remain possible during dry periods. Highs will reach the mid-80s, with similar patterns Monday through Thursday. Drier, hotter weather may return by next weekend, possibly hitting 90 degrees by Saturday.

WLKY meteorologist Eric Zernich’s Saturday evening forecast

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