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After years of working to pass tax modernization
in Tennessee, TFT has compiled an extensive array of on-line facts and
resources. The sidebar includes most of TFT's on-line fact sheets. Additional
material and supplemental links are included below. |
October 17, 2006
This eye-opening report sheds new light on all the talk we hear in the state
about so-called surpluses and deficits. The problem with such talk, the report
points out, is that it only measures current revenue against previous years
and the low expectations of our elected officials. If Tennessee funded public
structures, from education to environmental protection, at the same level as
our eight neighboring states, Tennessee would be facing a combined state and
local shortfall of $3.4 billion.
Tennessee now has the NATION'S HIGHEST AVERAGE SALES TAX at 9.35%, with the
maximum rate of 9.75% in 30 counties.
What's wrong with having the nation's highest sales tax?
It's time for a change! It's time for tax reform!
Outside Resources for Tax and Budget Issues:
The following organizations, while not necessarily affiliated with TFT, have valuable information on tax issues:
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