Tag Archives: uniformity

Yes, the Supermajority Did Raise Taxes — and Most Didn’t Notice

(Note: This is an unedited version of a column written for Knoxville Business Journal. The edited version is HERE.)
Most folks didn’t notice, but the Tennessee General Assembly imposed a new tax on some Tennessee businesses during its recently-completed 2013 session and raised taxes on others.
Gov. Bill Haslam, through his Department of Revenue, spearheaded a bill that did both under the title “Uniformity and Small Business Relief Act of 2013′ (SB183, as amended). An increased tax on companies producing solar energy products was accomplished through SB1000.
Yes, while legislators uniformly announced in post-session news releases they had cut taxes, they had also raised them.
The ballyhooed cuts were a reduction the state sales tax on grocery food from 5.25 percent to 5 percent and the exemption of more people over age 65 from paying the Hall income tax. (The exemption level was increase from $26,200 to $33,000 for single filers and from $37,000 to $59,000 for joint filers.)

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