KENTUCKY TAXPAYERS WILL FACE AN AVERAGE TAX INCREASE OF $1,715 IF CONGRESS DOESN'T EXTEND THE 2017 "TAX CUTS AND JOBS ACT"......SET TO EXPIRE AT
THE END OF THE YEAR.....
THAT'S ACCORDING TO A NEW REPORT FROM THE "NATIONAL TAXPAYERS UNION FOUNDATION".....MEMBERS OF CONGRESS ARE DEBATING WHETHER TO RAISE
THE CAP ON STATE AND LOCAL "SALT" DEDUCTIONS FROM $10,000 TO 25-THOUSAND.....WHICH ACCORDING TO THE REPORT WOULD DO ALMOST NOTHING FOR
THE COMMONWEALTH.....
THE "ACT'S" EXPIRATION WOULD RAISE TAXES ON 80% OF U-S HOUSEHOLDS......
