taxes

State transportation officials say the state needs to start thinking about how to charge drivers for using state roads, but the governor says there’s no consensus to tackle that issue this year. While the state transportation department says the issue is squarely on the administration’s radar, Gov. Bill Haslam says the topic won’t be among […]

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Press release from the Tennessee Department of Finance & Administration; August 9, 2012:  NASHVILLE – Tennessee revenue collections continued their upward trend in July, but at a much slower pace compared to recent months. Finance and Administration Commissioner Mark Emkes today announced a net positive growth of 4.46% over July collections of one year ago. […]

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Tennessee has the highest combined sales tax rate in the nation, a new study by the Tax Foundation shows, even as the state’s overall tax burden remains low. Tennessee’s rate of 9.47 percent, a weighted average that takes into account the 7-cent state levy and local rates as high as 2.75 percent, garnered the state […]

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Newsletter from the Beacon Center of Tennessee; July 31, 2012:  Elvis, liquor, and your tax dollars What do these three things have in common? For one, Tennessee’s welfare program. Our intrepid investigative reporter, Chris Butler, recently dug through nearly 140,000 transactions by Memphis welfare recipients using their cash benefits in the form of Electronic Benefit […]

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Lt. Gov. Ron Ramsey says he’s standing by GOP leadership’s call to bank the $554 million in extra taxes the state collected from Tennesseans, despite calls from Democrats to give it back to voters or spend it. Democrats, in the minority on Capitol Hill, argue the state should give the money back to taxpayers by […]

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Press release from the Tennessee Senate Democratic Caucus;July 12, 2012:  NASHVILLE – House Democratic Leader Craig Fitzhugh (D-Ripley) issued the following statement on behalf of the House Democratic Caucus regarding the June revenue collections, which showed an over-collection of $116,563,000 for the month and $554,650,100 for the first eleven months of the fiscal year: “Back […]

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Press release from the Tennessee Department of Finance & Administration; June 12, 2012: NASHVILLE – Tennessee revenue collections continued an upward growth trend in May with a net positive growth of 3.40% over collections made in the same month last year. Finance and Administration Commissioner Mark Emkes reported today that overall May revenues were $871.1 […]

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Gov. Bill Haslam likened the long wait to get a driver’s license to an additional tax on the public, “the tax that you pay when you don’t get full value for government service.” Haslam was speaking to a technology conference in Nashville Tuesday.

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Tennessee has the lowest tax burden in the country, according to a Tax Foundation report that compares income to taxes paid by state.

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The new Senate speaker pro tem said he has been satisfied with efforts at the Department of Revenue to make such private letter rulings — statements issued to taxpayers — more open. The issue has been heightened by Amazon’s move to the state and its exemption from collecting sales taxes.

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Press Release From the State of Tennessee, July 11, 2011: NASHVILLE – Total tax collections for June were above state budget estimates for the month. Finance and Administration Commissioner Mark Emkes today announced that overall June revenues were $1.07 billion, which is $31.8 million more than the state budgeted. June sales tax collections represent consumer […]

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The retail giant has said it is planning three more warehouses in Tennessee in addition to two slated for Hamilton and Bradley counties. But lawmakers are questioning what the state gave away to secure the East Tennessee projects.

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