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State Tax Revenues Miss Target by over $1B to Allow Another Income Tax Cut

State receipts missed the trigger by more than $1 billion, keeping Kentucky from approving another income tax cut, officials said.

Kentucky has missed key fiscal targets within the state budget to allow for another future cut to the state’s income tax rate in 2028, the second year in a row and the third time in four years that such targets…

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Hoptown Chronicle broke the news on Monday, September 7, 2026.
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