,hl=en,siteUrl='http://0ldfox.blogspot.com/',authuser=0,security_token="v_SeT2Tv8vVdKRCcG9CCW-ZdIfQ:1429878696275"/> Old Fox KM Journal : Tennessee Tax Free

Tuesday, October 21, 2014

Tennessee Tax Free

"Tennessee is one of nine states that does not tax wage income. Research has consistently shown that the nine states without an income tax outperformed the United States average in the categories of population growth, economic growth, and employment.  In addition, the research has also shown that states without an income tax had much higher personal income growth rates than their higher taxed counterparts. 

State income taxes lead to higher government spending, and depressed economic growth. Since 1967, states that tax income have seen a 42 percent increase in government spending and a 64 percent decline in personal income.  Amendment 3 would ensure that TN remains fiscally and economically competitive by ensuring that no state or local income tax is ever imposed and that the incomes of hard-working Tennesseans are protected. 
In Liberty,
Grover Norquist
President, Americans for Tax Reform"

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