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Ky. Legislators: Sales Tax Must Go and Purses Need to be Increased

A bloodstock agent, a trainer, and an auction company representative told Kentucky legislators during a Nov.12 subcommittee hearing at the state capitol that the 6% sales tax charged to Kentucky residents on horse purchases should be repealed and that purses distributed at Kentucky racetracks needs to grow along with other states if Kentucky expects to remain the central point of the Thoroughbred industry.

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