Post Tagged with: "sales tax"

In recent months, the big drop off in Tennessee's collections has been in corporate taxes. Credit: forwardstl via Flickr

Tennesseans Aren’t Spending Like They Used To, And Sales Taxes Are Suffering

by / on November 11, 2013

This week, budget hearings begin at the Tennessee state capitol. They come at a time when it appears economists overshot how much tax revenue would come in to fund state government.

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Haslam Goes to Congress for Online Taxing Authority

Haslam Goes to Congress for Online Taxing Authority

by / on July 24, 2012

Tennessee Governor Bill Haslam defended his record on taxes before a Congressional committee Tuesday. He’s trying to convince lawmakers in Washington that states need more power to collect sales taxes from Internet retailers.

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Governor’s Tax Bills Headed to His Desk

by / on April 27, 2012

The Senate passed two tax bills – lowering the sales tax on food and raising the exemption on the inheritance tax – and sent them to the governor, who proposed them in the first place.

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Humphreys County Rejects Wheel Tax, Increases Sales Tax to its Limit

Humphreys County Rejects Wheel Tax, Increases Sales Tax to its Limit

by / on August 5, 2011

Residents in Humphreys County overwhelmingly rejected a wheel tax, but narrowly said yes to increasing local sales tax yesterday.

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Haslam Now Ready for Amazon Talks

by / on May 19, 2011

Governor Bill Haslam says he’s ready to talk with Amazon about any further investments in Tennessee, now that the state legislature has put off its discussion of whether the internet retailer has to collect sales tax.

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Amazon Announces Hiring as Lawmakers Debate Sales Tax Enforcement

by / on May 16, 2011

Amazon.com is ready to start hiring employees for two distribution centers it’s building near Chattanooga. A news release from the online retailer says the warehouses will open this fall, creating 1,200 jobs.

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July Tax Revenue Growth Rate Not Seen Since April 2007

by / on August 10, 2010

July sales tax revenues in Tennessee grew nearly six percent. That’s a rate of improvement not seen since April of 2007, before the recession.

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State Tax Collections Down In June, But Sales Tax Revenue Up – Slightly

by / on July 13, 2010

State tax collections were slightly below budget projections for June, but state sales tax revenue grew.

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Republicans Still Looking for Alternative Cuts to Bredesen Tax Hikes

by / on April 29, 2010

State Senate Speaker Ron Ramsey says he and his legislative staff will be working through the weekend on an alternative to Governor Phil Bredesen’s budget plan. They’re still looking for cuts to replace proposed tax hikes.

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Bredesen Defends Sales Tax Hike to Rutherford County Chamber

by / on April 21, 2010

Governor Phil Bredesen wants to end the state’s sales tax cap on big purchases. He took that plan to business leaders in Murfreesboro Wednesday.

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State Revenues Continue to Come in Under Projections

by / on February 10, 2010

State revenues for January stayed below the break-even mark. But officials speculate that the worst may be over.

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Bredesen To Unveil Budget Roadmap Tonight

by / on February 1, 2010

Eight years ago Phil Bredesen had to cut back on an over-optimistic budget left by the previous governor. Bredesen has made it clear he intends his last budget as governor to be a lot friendlier to the incoming administration.

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Sales Tax Declines a Cause for Caution

by / on November 18, 2009

The outlook for the state’s revenue is “bleak,” in the words of one state official.

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