Lunsford Unequivocally States Support For Tax Increases On Every Kentucky Taxpayer

Question: Do you support extending the Bush Tax Cuts?
Bruce Lunsford: I do not.

WHAT LUSFORD'S DECLARATION MEANS FOR KENTUCKIANS

• Increased tax rates for 1.2 million Kentucky families
• Increased Marriage Penalty tax for 456,000 Kentucky couples,
• Decreased the child tax credit for 385,000 Kentucky children

A Family of Four with Two Children Who Earn $50,000 Will Suffer A $2,155 Tax Increase:

• $50,000 annual income today ($53,400 in 2011) would see a $2,155 INCREASE (from $1,128 to $3,283) or a 191 percent higher tax bill;

A Family of Four with Two Children Who Earn $60,000 Will Suffer A $1,901 Tax Increase:

• $60,000 annual income today ($64,100 in 2011) would see a $1,901 INCREASE (from $2,733 to $4,634) or a 70 percent higher tax bill.

(Source: U.S. Department of Treasury, "Without Permanent Tax Relief, Millions Of Americans Will See Their Taxes Go Up By Billions Of Dollars In 2011")