SHE WON'T GO!
To follow up on David’s previous post about the Williams/Beshear Farm Bureau debate:
Beshear doesn’t have to play to the lowest common denominator with this unintelligent quote about Tennessee vs. Kentucky tax systems:
“I don’t know the love that this fellow over here has for the Big Orange (TN). I tell you, I don’t like their football, I don’t like their basketball, and that Jack Daniels is not a bourbon, it doesn’t qualify.”
What he needs to do is point out that this baloney about Tennessee having such a better tax system and business climate than Kentucky is just patently untrue.
The reality is, the nonpartisan Tax Foundation ranks Kentucky’s business climate as the 19th best in the country, compared to Tennessee at 27th.
The reason is that Tennessee has absurdly high property and sales taxes to make up for its lack of an income tax. When businesses are deciding where to locate, they don’t just look at one factor. They have to study the whole pie, and that includes a skilled workforce, infrastructure and whether their workforce could afford the cost of living in an area.
So this assertion by Williams that we lose businesses and residents to Tennessee because of the differences in income tax rates is highly questionable. Factor in income, property and sales taxes and show me the numbers that it is actually cheaper for an individual who lives near the Kentucky/Tennessee border to live in Tennessee instead of the Commonwealth.
Not to mention, those that are in Tennessee near our border are doing all their shopping here in Kentucky.
KentuckyElection.org
BONNIE PRINCE BILLY
