Blue Ribbon Tax Commission

5:57 am
Fri November 9, 2012

Tax Commission Looks at Exemption on Pensions

A panel appointed by Kentucky Governor Steve Beshear to recommend tax reforms is considering a proposal that would result in more retirees having their pensions taxed. Lieutenant Governor Jerry Abramson, chairman of the Blue Ribbon Commission on Tax Reform, says members may recommend tweaking a policy that exempts annual pensions of $41,100 or less from taxes. 

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