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Friday, April 26, 2024

Michael Carroll News

From Bluegrass Times

IRS audit rate for Clay County residents is highest in Kentucky

By Michael Carroll | 4 years ago

Clay County residents were audited by the Internal Revenue Service at a greater rate than all similar jurisdictions in Kentucky, according to an analysis by the website 24/7 Wall St.

From Bluegrass Times

Purchasing power of a dollar in Kentucky equals $1.14, study finds

By Michael Carroll | 4 years ago

The purchasing power of a dollar in Kentucky, based on the cost of living and other factors in the state, is $1.14, according to a state-by-state ranking of the dollar’s value by the website 24/7 Wall St.

From Bluegrass Times

New motor vehicle laws take effect in Kentucky

By Michael Carroll | 4 years ago

Hundreds of new state laws took effect across the nation this week, including minimum wage increases, new internet privacy rules, gun-related regulations, marijuana legalization and new tests on whether workers can be classified as independent contractors.

From Bluegrass Times

Kentucky depends on property taxes for 20.3% of its state, local funds

By Michael Carroll | 4 years ago

Kentucky relies on property taxes for 20.3 percent of its total state and local revenues, according to a Tax Foundation ranking of the 50 states.

From Bluegrass Times

1 county in Kentucky now 2nd Amendment sanctuary

By Michael Carroll | 4 years ago

One county in the state -- Harlan -- is now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.

From Bluegrass Times

McCreary ranks the poorest of Kentucky counties

By Michael Carroll | 4 years ago

McCreary was ranked the most impoverished county in Kentucky in a 24/7 Wall St. analysis of the least affluent regions in all 50 states.

From Bluegrass Times

Kentucky places tax of 87 cents per gallon on beer

By Michael Carroll | 4 years ago

State taxation on beer in Kentucky amounts to 87 cents per gallon, according to an analysis from the Tax Foundation based on January 2019 data.

From Bluegrass Times

7.1% of Kentucky bridges rated structurally deficient in study

By Michael Carroll | 4 years ago

A total of 1,016 out of the 14,368 bridges in Kentucky – or 7.1 percent – were designated in poor shape in an analysis examining bridge conditions in the 50 states, Puerto Rico and Washington, D.C.

From Bluegrass Times

Kentucky collects $3.26 per gallon in wine taxes

By Michael Carroll | 4 years ago

The wine excise tax in Kentucky amounts to $3.26 per gallon, according to a Tax Foundation study based on January 2019 data.

From Bluegrass Times

Indian Hills ranks the best suburb in Kentucky, study finds

By Michael Carroll | 4 years ago

Based on a ranking consisting of 10 measurements, including income levels, home ownership and commute times, Indian Hills is the best Kentucky suburb in which to live, according to a 24/7 Wall St. analysis published this month.

From Bluegrass Times

Kentucky ranked ‘mixed’ in new Kiplinger tax guide

By Michael Carroll | 4 years ago

The overall tax system in Kentucky was dubbed “mixed” in a recently released 50-state tax guide published by the Kiplinger business forecasting website.

From Bluegrass Times

Kentucky receives ‘F’ grade on national ranking of states’ fiscal health

By Michael Carroll | 4 years ago

Kentucky would need $33.4 billion to pay all of its bills, including public employers’ pension benefits, according to a new ranking of the states’ fiscal health by Truth in Accounting (TIA).

From Bluegrass Times

Over 40 cases of Kentucky voter fraud documented by Heritage Foundation

By Michael Carroll | 4 years ago

More than 40 people have been found guilty of election or voter fraud in Kentucky since the year 2000, according to a Heritage Foundation database that details such cases nationwide.