Tennessee Legislator Plans To Propose A Permanent End To Grocery Tax
October 31 Marked The End Of Tennessee’s Grocery Tax Holiday, But One Tennessee Lawmaker Wants To Do Away With The State’s Grocery Tax Altogether.
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Business Tax
Tennessee’s Budget Sees Impact Of Tax Cuts And No New Untapped Revenue Sources
Two Things Have Driven Tennessee’s Massive Rise In State Revenues Over The Past Five Years: The Ability To Collect Taxes On Internet Sales And An Enormous Growth In Franchise And Excise Tax Collections. But As The Online Sales Tax Money Becomes A Normal Part Of The State Budget And Lawmakers’ 2023 Franchise And Excise Tax Cuts Go Into Effect, The Days Of Significant Revenue Growth Are Likely In The Rearview Mirror.
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Small Businesses Concerned About Labor Market, New Taxes
Newly Released Small Business Survey Data Shows That Those Businesses Cite The Labor Market As Their Top Concern Along With Tax Increases In A Time When They Are Already Struggling To Deal With Elevated Inflation.
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Democratic Lawmakers Push Bill For TN Business Tax Payment Transparency
Two Democratic Lawmakers Are Making A Push For Transparency On How Much Businesses Pay In Tax To The State Of Tennessee.
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Tennessee Business Tax Cuts Introduced In Senate Subcommittee
A Bill That Would Eliminate Tennessee’s Business Tax Moved Out Of Senate Subcommittee With A Negative Recommendation On Tuesday.
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Beacon Center Calls Out TN Government For Chronic Misuse Of Taxpayer Dollars
The 2020 report outlines solutions to many problems facing our state such as corporate welfare, business tax burdens, rising taxes, the misuse of taxpayer dollars, excessive government growth, and lack of data available to the public regarding government spending.
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