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The individual income tax rate in Kentucky is set to drop again at the start of 2026. Republican leaders in the General Assembly announced this week that the state’s budget has hit the required ...
The states with the lowest top individual tax rates — not counting states with no income tax — are: ... Kentucky: 4.0%. Louisiana: 3.0%. ... State Income Tax Rates for 2024-2025. Show comments ...
Suddenly awash in money, most states responded with some form of tax relief. Top marginal individual income tax rates. Illinois 4.95%. Indiana 3.05%. Kentucky 4%. Missouri 4.80%. Ohio 3.50%. West ...
Iowa, which also has a Republican trifecta controlling its statehouse and governor's office, is trimming its individual income tax rate to a flat rate of 3.8% starting Jan. 1, down from a top tax ...
Kentucky, individual and corporate, from 1936; ... are free to continue mirroring if, and as much as, they wish. ... State individual income tax rates & brackets ...
(The Center Square) – A bill that would lower Kentucky’s personal income tax rate to 3.5% starting next year sailed through the state Senate. House Bill 1 passed by a 34-3 vote and will now ...
Three percent. The state’s personal income tax rate can’t go down any further than 3% without making major changes to the way Kentuckians are taxed, according to House Speaker David Osborne, R ...
If lowered to 3.5%, the cuts from the initial 5% income tax rate in 2022 will save a Kentuckian making $50,000 a year roughly $750. Kentuckians making $100,000 would save $1,500 per year.