Kentucky residents will see their individual income tax rate go down at the start of 2026.State lawmakers passed a bipartisan bill, House Bill 1, to lower the tax to 3.5% from 4%.On Tuesday, Gov. Andy Beshear signed HB1 saying Kentucky is experiencing a booming economy but it’s time to help families who may be hurting financially.

Fulfilling comments he made earlier, Gov. Andy Beshear has signed GOP-led House Bill 1, which drops Kentucky’s income tax rate by one-half percent, to three-and-a-half percent,

While income often takes center stage during your working years, it's your accumulated wealth that ultimately defines your economic status once the paychecks stop rolling in. Recent data sheds light on where retirees fall on the financial spectrum,

Democratic Kentucky Gov. Andy Beshear signs another GOP-enacted income tax cut, saying“things cost too much for our families” despite a “booming economy.”

"This has been supported by Republicans. It's been supported by Democrats. In the end, I support it because it's going to help you," the governor said before putting pen to paper.

House Bill 1, which cuts the state's individual income tax from 4% to 3.5%, passed the Senate chamber by a 34-3 vote Tuesday, the first day lawmakers returned to Frankfort after a three-week hiatus. It'll go into effect Jan.