Democratic Gov. Andy Beshear signed a bill into law Thursday that will reduce Kentucky's individual income tax, expressing confidence that economic growth will offset the loss in revenue. The measure,

Governor Andy Beshear signed a bill cutting the state's income tax by half a point from 4% to 3.5% Thursday marking the third tax reduction in as many years.

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,