nfib.com - fix kentucky's feudal paperwork quagmire for small business
nfib.com - fix kentucky's feudal paperwork quagmire for small business
nfib
about nfib
issues
politics
tools & tips
member benefits
sign
injoin
newsroom
research foundation
careers
foundations
education foundation
legal foundation
fix feudal paperwork quagmire
issues in the news
print
| e-mail
| -- font | ++ font |
fix kentucky's feudal paperwork quagmire for small business
08/22/2007
contact: tom underwood, 502-223-5322 or jim brown, 615-874-5288
frankfort, ky. -- the following statement from tom underwood, state director of the national federation of independent business/kentucky, may be used in whole or part as an op-ed in your media outlet, or as part of any related story. to obtain a headshot of underwood, please e-mail jim.brown@nfib.org.
recently, i met a gentleman in the construction industry who last year said his business filed 63 municipal and county tax returns. i met another who filed over 100.
many small-business owners, as i have traveled the commonwealth, have told me they need relief from the paperwork tar pit. they say they would rather be growing their businesses and adding more jobs, rather than fill in more forms for each locality.
kentucky has the third most counties -- 120 -- behind texas (254) and georgia (159). kentuckians have a strong sense of place, but with that, we've enabled locales to erect barriers not unlike the feudal lords of long ago. in the days of yore, medieval lords along the rhine river stopped merchant shippers at each castle around every bend, requiring payment of "tribute" to pass safely.
the similarities in today's kentucky are striking. government entities are requiring business entities to purchase business licenses, pay net profit taxes and withhold local payroll taxes from paychecks. many adjacent taxing entities require the same when businesses cross into their territory.
more specifically, businesses are required to prepare a tax return, acquire a business license, and account for and report wages of each employee for time spent in the municipality or county. the business can then file a calculation in the government district where they are located to absolve the employees of the payroll tax for time spent outside the "home" area.
kentucky has literally hundreds of cities and towns and countless taxing districts. yes, these entities provide important services to their local citizens, and they strive to improve the quality of life for their residents. unfortunately, many are continually cash-strapped, and some are staring at unmanageable pension benefit costs. understandably, they don't want to lose revenue sources.
kentucky has created a paper-chase nightmare that douses the spirit of entrepreneurs and sometimes even handcuffs them. energies that could be spent developing their enterprises and adding jobs rather goes into the preparation and filing of repetitive paperwork, all so local governments can collect relatively small checks.
members of the national federation of independent business, kentucky's leading small-business advocacy association, are looking for relief from frankfort. one potential solution would be to establish a central revenue collection agency that collects and distributes these taxes based on a single, comprehensive tax return from the business owner. a similar system is currently being used in frankfort to collect and distribute revenues from the telecommunications tax to local governments.
whatever the solution, let's move out of the dark ages and make sure our rhine-like system becomes a thing of the past.
tom underwood is state director of the national federation of independent business, kentucky's and the nation's leading small-business advocacy association.
save & share article
digg
del.icio.us
google
yahoo!
reddit
what's this?
print
| e-mail
| -- font | ++ font |
august/september 2007 kentucky myvoice
sba economic injury declaration for lake cumberland region
nfib monitors 2007, 2008 political races
nfib guide to data security (1.4 mb, pdf)
terms & conditions |
faq |
privacy policy |
contact us |
join |
learn more |
site map |
summit |
home |
nfib's mission is to promote and protect the right of our members to own, operate and grow their businesses.
© 2001 - 2007 national federation of independent businessall rights reserved
Acceuil
suivante
nfib.com - fix kentucky's feudal paperwork quagmire for small business Amazon.com: fix DataStronghold.com - Fix Your Computer Registry SubmarineBooks.com / Fix pages / R.A. Cline Publishing Jumpcut - ROSEUSA.COM - Fix and Flip letmein - Re: [letmein <letmein@erols.com>] fix for bug#2110 Andreas Jaeger - Re: [letmein <letmein@erols.com>] fix for bug#2110 Can Salesforce.com Fix What's Wrong With Mobile Apps? -- Mobile ... NASCAR.com - Fix that drip - February 19, 2004 TheHill.com - Fix the ethics rules TheHill.com - Fix fiascos at Fannie Mae, Freddie Mac TheDay.com - Fix The Charter Review: V-com Fix-It Utilities 6 Professional utility software ... IntelliAdmin.com: Fix the broken search feature in Windows XP & 2003 USATODAY.com - Fix Washington by carving it up forum.utorrent.com / Fix the leeching protection forum.utorrent.com / Fix the leeching protection Techworld.com - Fix an ICMP packet surge from Exchange Server Amontec VHDL Memo REVFIX // REVFIX-image. La passion du tirage NB argentique.Jean ... WinMx.com Fix - Host File Patch for WinMX P2P Clients Scout.com: Fix Flat Defense www.fastfixerupperprofits.com/ VEGAS.com - FIX Las Vegas Nevada - VEGAS.com macd FIX creativepro.com - Fix What Ails Your Fonts with FontDoctor 6.0 creativepro.com - Fix a Broken Wing in Photoshop www.clothes-order.com - Fix-it Forum: Home Improvement & Do It ... Home Improvement - Do It Yourself - Home Remodeling BobVila.com Free-Codecs.com :: Fix/Repair Tools : Download Audio and Video Fix ... ContraCostaTimes.com - Fix sex-offender law OttawaBusinessJournal.com - Fix these Discussion Boards BD FIX - SPECIALISTES FIGURINES - PARA BD en Savoie You've Bricked your Hacked iPhone and Want to Start Over? 9 to 5 Mac recordonline.com - Fix the old dams or take a chance The Essential Mac - Troubleshooting Fix Blue Screen of Death Error Fix Computer Registry Problem Easily And Quickly Clasificados Barcelona Alquiler Pisos Coches Segunda Mano ... Fix-Up © GodTube.com - fix your eyes hip hop praise TweakVista.com - Fix Windows Vista Fonts TweakVista.com - Fix VMWare ESX Management Interface in IE7 Fixspa.com - Fix Spa ITWALES.COM - "Fix that!" - 25 years of solving software ... Amazon.com: Fix-it And Forget-it 5-ingredient Favorites ... Visual Basic Resources VBprofs.com - FIX: When VB.NET inherits ... iYogaLife.com : Fix it with Yoga DJNoodles.com :: FIX YOUR FACE AND PAY ATTENTION! FiX-Netze.com Fix-It Guide Home Bicycle Repair and Maintenance: Bicycling Magazine.com TRIPRIGHTS.COM: Fix My Trip Perma-Fix IndianExpress.com :: Fix poll dates 'n give up uniform, US presses Gen USATODAY.com - Fix terror strategy, 9/11 panel says AFP548 - Fix for DST time change on 10.3 and 10.2 $Header: /tcpdump/master/htdocs/libpcap-changes.txt,v 1.11 2007/07 ... $Header: /tcpdump/master/htdocs/tcpdump-changes.txt,v 1.11 2007/07 ... GLOBAL/FPL Q5#F.qxd The Dot-Com Fix Newsweek.com