With the legislative session rolling up into Frankfort soon, it’s probably a good idea to remind state legislators of the following:
GO TO YOUR FLIPPING ETHICS TRAINING SESSIONS!!
They will take place on Wednesday, January 4 and Thursday, January 5 from 9:00 A.M. to 10:30 A.M. in Room 154 of the Capitol Annex. You are required to attend ethics training.
The Wednesday session will include remarks from Jack Abramoff. Thursday’s session will feature Paul Prather, a former Herald-Leader columnist.
For everyone else⦠several new employers have registered to lobby for the upcoming general assembly:
- Christian Care Ministries – a Florida non-profit operating a health care sharing program in which members share financial resources to pay for medical expenses, will be lobbying on health care and insurance issues
- Louisville Free Public Library Foundation
- Pew Charitable Trusts - lobbying on appropriations related to evidence-based criminal justice programs
- Premiertox – Russell Springs company providing laboratory services that includes drug testing
- Ther-Rx Corp. – subsidiary of K-V Pharmaceutical, a St. Louis company focusing in the area of women’s health
- Worldwide Equipment – Prestonsburg heavy duty truck dealer
With everybody still foaming at the mouth about Kentucky-based businesses that don’t pay corporate income taxes, the Legislative Ethics Commission is taking a look at businesses (both those based in Kentucky and those doing business in Kentucky) and the taxes they paid from 2008 to 2010.
Those paying more than the 6.2% national average:
- J.P. Morgan Chase – 9.1% in state income taxes each year
- Apollo Group, Inc. – operates University of Phoenix and other proprietary schools, paid 8.2%
- Apple – 8%
- Other businesses paying more or close to the national average:
- Reynolds American – 6.5%
- CVS Caremark – 6.4%
- Oracle – 5.8%
Those paying woah less?
- Chesapeake Energy – Negative 2.1%
- Peabody Energy – Negative 0.6%
- Yum Brands – Negative 0.4%
- El Paso Corp – Negative 0.2%
Fortune 500 companies based in Kentucky that employ lobbyists paid:
- Ashland – 1%
- Humana – 3.4%
- Kindred Healthcare – 3.6%
20 other Fortune 500 companies with lobbyists in Kentucky paid an average of less than 3% in corporate income taxes during 2008 through 2010:
- Merck
- Eli Lilly
- General Electric
- American Express
- Duke Energy
- Express Scripts
- Coca-Cola
- AT&T
- Norfolk Southern
- CSX
- IBM
- Atmos Energy
- UPS
- Verizon Communications
Happy holidays.






2 responses so far ↓
1 Ken Dannager // Dec 20, 2011 at 12:16 am
Yes, raise taxes on corporations do they can pass
them on to consumers. It’s the sneakiest way to tax people in secret.
2 jake // Dec 20, 2011 at 6:16 am
Maybe you should read before commenting.
No one said anything about raising taxes.
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