Posted by Spalding Hurst

March 15, 2012

House Bill 368 can help Kentucky become a recreational destination

Business First by Doug Davis, Guest Comment

Tourism is big in Kentucky. There is no debating or disguising that fact. Tourism is the third-largest employer in the state, responsible for the employment of 169,000 Kentuckians, and $2.5 billion in wages annually.

As of 2010, tourism brought more than $11 billion in spending in the state, which resulted in more than $2.5 billion in tax revenue for state and local governments. That tax revenue saves every citizen of Kentucky more than $500 in taxes they would have to pay every year.

The most amazing thing about all this is that Kentucky hasn’t even begun to tap into its …

Read more here


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