Ky. hoping for $55 mil. from tax amnesty; State is spending $3 mil. on effort
11/26/2012 08:24 AM
To bring in at least $55 million in unpaid taxes, the state is spending $3 million on advertising and outreach and forgiving penalties and reducing interest.
Kentucky has sent out 170,000 packets to delinquent taxpayers urging them to take advantage of this month’s tax amnesty program, said Lori Flanery, the secretary of the Kentucky Finance and Administration Cabinet.
The program expires Nov. 30. And it has included TV ads, the packets to individual businesses and residents, extended hours at 10 tax offices and a website.
But the money the state hopes to get back represents about a quarter of the unpaid taxes out there. This is the third time the state has tried a tax amnesty program. The last tax amnesty period in 2002 brought in $40 million.
Watch the interview with Flanery:
Below the Fold
-
In the wake of Monsanto ruling, Ky. Ag Commissioner weighs pros and cons of genetically modified food
-
Dalai Lama brings message of compassion to Louisville; Tells crowd to feel pity for Boston bombers
-
U.S. Sen. McConnell says he was wrong 25 years ago on tax exempt groups
-
U.S. Sen. Rand Paul makes staffing changes in Senate office, announces new Chief of Staff
-
Lawmaker pre-files bill eliminate Senate confirmation of Ky. insurance commissioner
-
GOP lawmaker says Ky. should have gone the route of Arkansas with Medicaid expansion
-
Cox out at Agriculture Department; Fuel lab shutdown completed
-
Members of Ky.'s federal delegation from both parties want IRS held accountable in scandal
-
Comer says Speaker Boehner was lobbied by daughter on hemp; D.C. trip 'very successful'
-
Beshear announces outreach campaign to inform uninsured Kentuckians of their options
SUBSCRIBE NOW
Subscribe and get the latest political intelligence delivered to your inbox.
