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Kentucky Offers Tax Exemption to Attract Crypto Miners

Reading Time: 2 minutes by Anthonia Isichei on March 4, 2021 Regulation Lawmakers in the U.S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes.  Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar. 2, 2021), the House Budget committee of the Kentucky General Assembly approved Bill 230, which sought to remove taxes on electricity purchased for commercial cryptocurrency mining activities. The bill saw a vote of 19-to-2, which meant that lawmakers were in favor of the proposal. Meanwhile, the purpose of the tax exemption is to attract crypto miners to the state and encourage the growth of the industry.

The Countdown: Governor Cuomo responds to sexual harassment allegations, DC on alert amid Capitol threat

There was good news Monday for both stimulus checks and people who have been fully vaccinated. Meanwhile, Governor Cuomo continues to fight for his political life amid sexual harassment allegations.

The Countdown: President Biden speeds up vaccination timeline for adults, Governor Cuomo faces calls to resign

The Countdown: President Biden speeds up vaccination timeline for adults, Governor Cuomo faces calls to resign
abc7ny.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc7ny.com Daily Mail and Mail on Sunday newspapers.

21 Republican governors attack Biden s COVID-19 stimulus bill for penalizing their states

21 Republican governors attack Biden s COVID-19 stimulus bill for penalizing their states Joey Garrison, USA TODAY Did the latest stimulus bill pass? What s in the COVID relief bill passed by the House? Replay Video UP NEXT WASHINGTON – Twenty-one Republican governors and one Democrat are taking aim at a key component of President Joe Biden s COVID-19 relief bill, arguing that a proposed allocation of money  punishes states that did not fully lock down businesses amid the pandemic. The governors, led by South Carolina s Henry McMaster, issued a statement over the weekend that criticized what they called a biased  formula used to decide how much money in direct aid each states receives. One Democrat, Kansas Gov. Laura Kelly, also supported the statement.

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