Kentucky Sales and Use Revenue Base and Personal Income

 

1977

1982

1986

1992

Revenue Base ($mil)

10,166

13,850

17,876

23,520

Tax Rate

5%

5%

5%

6%

Total Revenue

508.3

692.5

893.8

1,411.2

Personal Income ($mil)

21,426

34,518

42,342

61,697

Base as % of Income

47.45

40.12

42.22

38.12

Source: Kentucky Revenue Cabinet Annual Report and Statistical Appendix, from 1975/76-1991/92