tax holidays

From the Times Free Press:

Tennessee shoppers won’t get another sales-tax holiday next spring as state officials try to cope with the biggest drop in sales-tax collections in a half century.

When your state ties its tax revenue to sales tax instead of income tax, your state will face financial hardship when folks curtail their spending.

In what has to be one of the more callus lines I have read this week Phil Bredesen wants to cut the tax holidays because they don't help HIM.

It was good for you and your family, but it didn't do anything for the state which is facing hard times......

Kay Brooks remains unimpressed by legislator’s mailers announcing sales tax holidays.

It wasn't that long ago that the state of Tennessee enjoyed a string of budget surpluses of hundreds of millions of dollars per year. Conservatives watched with disgust year-after-year as the General Assembly and Governor Bredesen squandered each surplus by growing government, while we conservatives consistently advocated using the surplus to lower taxes, specifically the food tax.