Farmer Unveils Tax Reform Plan

{Frankfort, Kentucky}...Republican state Representative Bill Farmer of Lexington unveiled his tax reform plan Wednesday, a day after Governor Steve Beshear called for unspecified tax reforms in his inaugural speech. Farmer, a tax accountant who has served in the legislature since 2003, said the state's existing tax code is more than 70 years old and needs overhauling. His plan would bring major changes to the way income taxes and sales and use taxes are assessed.