Tuesday, February 05, 2008

House leaders considering additional tax increases

This from PolWatchers:

Democratic leaders in the House will likely propose a legislative "package" that would bring in "several hundred million dollars" to enhance Gov. Steve Beshear's austere budget proposal, said House budget committee chairman Harry Moberly.

Moberly, D-Richmond, declined to offer any specifics, saying "we've got a lot of work to do before we talk about anything."

The proposal will include some "outside the box" proposals that go beyond an increase in the cigarette tax, Moberly said in an interview Tuesday. He still expects the House to approve a cigarette tax increase of 30 cents per pack or less, which would bring in about $100 million annually.

Some of the revenue-generating measures under consideration would be traditional tax hikes, but others wouldn't, Moberly said...

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