Tennessee Conservative
A Tennessee Sports Wagering Bill Would Change The Way The State Computes Taxes On Sports Betting From Taxing The Amount Sportsbooks Make In Revenue To Taxing All Wagers Placed In The State.
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Tennessee Has Now Collected $1.3 Billion More In Taxes And Fees Than Were Budgeted For The Fiscal Year, Which Just Completed Its Seventh Month.
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Tennessee Saw $327 Million In Sports Wagers In February And Received $6.4 Million In Privilege Tax During A Month Highlighted By The Super Bowl, One Of The Largest Sports Betting Events Of The Year.
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Tennessee’s Sportsbooks Collected $7.3 Million In Privilege Tax On $410.8 Million In Bets In January.
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Tennessee Gov. Bill Lee Was Given A “D” By The Cato Institute In Its Annual Fiscal Report Card On America’s Governors. Lee’s Ranking Was Based On His Spending And Taxing Record, Including This Year’s Budget, Which Included $500 Million Toward A New Titans Stadium.
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Tennessee Lawmakers Eliminated Another Sector Of Privilege Tax This Year With The Removal Of Physicians And Osteopathic Physicians From The $400 Annual State Licensing Tax.
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The Total Taxes Collected By Tennessee In The First Month Of The New Fiscal Year Continued Last Year’s Increasing Trend.
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Tennessee Has Now Collected $3.7 Billion More Than Budgeted In Taxes And Fees Through The First 10 Months Of This Fiscal Year.
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Tennessee Gov. Bill Lee Signed An Appropriations Bill That Includes $500 Million Toward A New Tennessee Titans Stadium On Wednesday.
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Tennessee Has Now Collected $2.5 Billion More In Taxes And Fees Than Expected Through The First Eight Months Of The Fiscal Year, According To Figures Released By The Tennessee Department Of Finance And Administration.
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