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tax collections

Future Sales Tax Holidays Nixed

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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.

Striking Similarities

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The Shelbyville Times-Gazette confronts Lt. Gov. Ron Ramsey on the similarity of his position on the gas tax and that of the likely Democratic nominee for President:

“That’s one of those feel-good things that doesn’t do any good,” Ramsey said.

The Shortfall Is Getting Bigger

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John Rodgers reports that Governor Bredesen embraces the opportunity to get creative in lean budget times:

Despite the dwindling tax collections, Bredesen remained upbeat, saying that while the state is “having challenges,” tight financial years “can be healthy.”

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