Beshear said unlike the federal government, he believes we can cut taxes without leaving people behind. FRANKFORT, Ky. — Gov.

Property taxes in Kentucky have dropped for the fifth consecutive year — the 2025 rate will lower to 10.6 cents per $100 assessed value, down from 10.9 cents in 2024, ...

The top 10 states in order, according to WalletHub, are: Texas, Florida, Louisiana, Nevada, South Carolina, Oklahoma, North Carolina, Mississippi, Kentucky and Alabama. Kentucky is one of the top ...

Kentucky to provide additional tax relief through 2025-2026 ... That’s why we’ve lowered income and property taxes, ... The 2025-2026 exemption reflects a $2,750 change from the 2023–2024 ...

Kentucky has a system to cut the income tax rate annually, so long as budget triggers are met. A new bill passed out of the legislature makes hitting those triggers easier.

Property taxes are a big component in funding local government budgets and each county is different. On average, property taxes fund 35% of the county tax revenue.

The 2025 tax filing season is underway, and Kentucky taxpayers are being encouraged to file as early as possible, as the state prepares to transition to a new tax filing system, Skip to content ...

Homeowners in Kentucky benefit from a low property tax rate. The state’s average effective property rate is just 0.80%, which is below the national average.