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« Promise Kept: Bredesen Reforms TennCare | Main | A Report From the Front » May 12, 2004Promise Broken: Bredesen to Raise Taxes
There has been no major media coverage of this tax increase legislation from proposal through passage, and no major media mention of Bredesen breaking his promise to balance this year's budget without increasing taxes. UPDATE: My mistake. The Knoxville News Sentinel had a story by Tom Humphrey on May 6. UPDATE: The NFIB's Tennessee director, Rob Ikard, has written a very good article on the tax-increase, which the administration asserts is not actually a tax increase (even though it will increase state revenues from the excise tax by $75 million). Posted in Tennessee Budget & Tax Policy
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This is a lie. If one looks at the fiscal note attached to the Senate Bill, one will see that this is neither an increase in current taxes, nor a new tax. Report the truth. Posted by: John at May 12, 2004 04:11 PMYou're awful quick to call someone a liar. I did read the fiscal note. It increases state revenues by $75 million. That money comes from Tennessee businesses. Here is a quote from the fiscal note: ...de-coupling will cause the Businesses will pay $75 million more in excise taxes to the state of Tennessee because of this legislation. You're awful quick to post b.s. on your webpage, posing it as independent and logical journalism, when you are nothing more then a mouthpiece of elitist conservative right wing interests. LOL Posted by: Brandon at June 25, 2004 04:06 AMPost a comment
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NASHVILLE - Tennessee Gov. Phil Bredesen is expected to sign legislation passed yesterday by the state Senate on a 26-4 vote that increases taxes on Tennessee businesses this year by $75 million. The