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:

About Ryan Alessi

Ryan Alessi joined cn|2 in May 2010 as senior managing editor and host of Pure Politics. He has covered politics for more than 10 years, including 7 years as a reporter for the Lexington Herald-Leader. Follow Ryan on Twitter @cn2Alessi. Ryan can be reached at 502-792-1135 or ryan.alessi@twcnews.com.

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