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Pay attention, retirees
The governor appointed a Kentucky tax reform panel earlier this year, which is considering a change that taxes retirees’ pensions.
Lt. Gov. Abramson is chairman of the Blue Ribbon Panel on Tax Reform. On. Nov. 9 he said the panel could recommend tweaking the tax code that exempts taxes on pensions of $41,100 or less. Abramson said panel members are looking at decreasing the pension limit to just $15,000.
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