State Budgets: Kentucky Governor Urges Cigarette Tax Increase
Kentucky Gov. Steve Beshear (D) has proposed a 233% hike in the cigarette tax, from 30 cents to $1 per pack, as part of a package to address a $456 million shortfall in the $19 billion biennial budget. Other actions he recommends include $147 million from a 4% spending cut and moving the use of $144 million in rainy day funds from next year to this year.
More on Kentucky here.
Was this page helpful to you?
Thank You!
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?
Contribute to the Tax FoundationLet us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?
Give Us Feedback