Tennessee Conservative
Monthly Tax Receipts Collected In Tennessee From March 2020 To February 2021 Have Exceeded Total Tax Revenues Collected In The Previous Year, According To A New Analysis By Pew Charitable Trusts And The Urban Institute.
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The State Of Tennessee Brought In $1.6 Billion In Tax Revenue In May, Which Was 38% More Than The Budgeted Estimate.
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Of The Many Alcohol-Related Bills That Passed The Tennessee Legislature This Year And Were Signed By Gov. Bill Lee, One Maintains A Popular Pandemic Rule But Taxes Consumers For It.
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Even Though It’s Mid-May, It’s Tax Season (Filing Deadline Was May 17). And, Once Again, Millions Of Americans Found Themselves Going Through The Hassle Of Filling Out Their Tax Returns. Many Are Left Wondering If There Is A Better Way To File Taxes.
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Tax Deals For The NFL’s Tennessee Titans And Minor League Baseball’s Tennessee Smokies Were Signed Into Law Last Week By Gov. Bill Lee. The Governor Also Signed Two Bills That Are Key Cogs In His Criminal Justice Reform Initiative.
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Tennessee Collected $2.5 Billion In Revenue During April, $1.3 Billion More Than In April 2020 And Nearly $600 Million More Than The Budgeted Estimate.
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Tennessee Finished 10th In A New Study By The Wallethub Website On Whether Residents Of The 50 States Are Getting The Most Bang For The Buck For Their Tax Dollars.
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The Tennessee House Approved A Bill That Would Allow The Titans To Keep Sales Tax Revenue From Nissan Stadium & Future Developments Around The Stadium For Stadium Upgrades & Improvements. They Also Approved A Bill That Would Allow Additional Sales Tax Revenue Coming From New Smokies Stadium In Knoxville To Be Used To Pay Off Debt Related To Its Build.
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For State Governments, The Good News Is That The American Rescue Plan Recently Signed By President Joe Biden Will Inject $350 Billion Into Their Budgets. The Bad News Is That It Places Unwise And Possibly Unconstitutional Limitations On How States Can Use The Money.
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A Tennessee Senate Subcommittee Has Thrown Its Support Behind Allowing The Tennessee Titans To Keep The Sales Tax On Purchases In Nissan Stadium And To Retain 50% Of Sales Tax Revenue From A Proposed East Bank Development On Its 130-Acre Plot.
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