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.

Read more

Knoxville-Based Automotive Company Refuses Recall On Potentially Deadly Car Parts

Vehicle Owners Across The Country Are Waiting To Find Out If The Airbags In Their Cars Are Safe, And A Tennessee-Based Company Is The Reason For That.

Read more

Electric Vehicle Industry Expands In Tennessee

Dongwha Electrolyte, 6K Energy, Tritium, And Ultium Have All Recently Released Plans To Increase Business With The State, Working Alongside Car Manufacturers Nissan, GM, And Ford To Increase The Production Of Electric Vehicles.

Read more

Biden Promotes Billions For Electric Vehicles But Critics Are Wary

Electric Vehicles’ Biggest Supporter Of Late Has Been President Joe Biden, Who Has Stressed The Vehicles As A Central Part Of His Efforts To Address Climate Change. But Critics Question The Economic And Environmental Impact Of That Transition.

Read more