Why Tennessee’s Zero-Tax Street Cred Comes With An Asterisk

Posted on: April 4th, 2014

Of the nine states that are listed as no-income-tax states, only the state of Tennessee carries with it an asterisk, a footnote that weighs on its ranking, along with the livelihoods of many of the Volunteer State’s retirees, workers and entrepreneurs.

But there is a fire in the belly of some local legislators, possibly akin to a shot of the soon-to-be-released Jack Daniel’s Tennessee Fire on a chilly spring evening.  They are working to eliminate the only income tax that the state imposes, and they are willing to stand up to fellow Republican legislators and GOP Governor Bill Haslam to get it done.

Read the whole article on Forbes.com

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