March 2, 2018

TAX WHAT YOU DON'T WANT:

Kentucky could become the first state to tax opioid prescriptions (ANDREW JOSEPH, MARCH 2, 2018, Stat)

Lawmakers in Kentucky are weighing whether to impose a new tax on opioid prescriptions, the latest effort in a string of so-far failed attempts to pull new revenue from the painkillers that helped seed a nationwide addiction crisis.

The proposed tax -- a 25-cent levy on drug distributors for every dose sent to the state -- was approved by the Kentucky House Thursday as part of a broader budget and tax plan. But unlike in other states, where lawmakers aimed to steer the new revenue to addiction treatment and education programs, the Kentucky plan, if enacted, would direct the money to fill budget gaps elsewhere, including boosting funding for the state's public schools.

Posted by at March 2, 2018 4:06 AM

  

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