Tennessee could be receiving a second sales-tax holiday. In case you didn't know, our state will be having our first sales-tax-free holiday on August 4-6. People in the state do not have to pay sales tax on school supplies, clothing, and computers. The state Senate has approved a plan that will create another holiday sometime in the Spring. The Senate also approved some other great tax measures that still needs approval by the House and the Governor. State employees and teachers will be receiving a pay raise and better retirement plans. The state's universities will receive more money to reduce tuition increases. Some seniors will receive some property tax relief and there will be an increase in the state's "rainy day" fund. All of these tax measures sound great, but I think the state deserves more tax relief. We have some of the highest sales tax rates in the nation and a huge surplus in the coffers. I think it is about time that we reduce the sales tax, especially on groceries. They raised it to its highest levels when we suffered a budget shortfall. We now have a surplus; I think it is about time that we got back down. Tennesseans deserve it! (story here)filed under: tennessee, politics, thoughts
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