Most Active Stories
- Battle of the Bands Finals @ MAC March 26 - Be in the LIVE Audience!
- Record-Breaking College Bass Fishing Tournament Held at Kentucky Lake
- School Districts Revise Calendars to Account for Snow Days
- Murray State Equine Science Professor Pairs Student Interests with Real-World Research
- Identifying the Warning Signs of Autism in Young Children
Mon October 26, 2009
Author of Study on Local Taxes Says Trend Is Up
Nashville, TN – A Tax Foundation study shows Tennessee's average 9.4 cent tax on every $1 spent is the highest sales tax rate in America. Opponents of the sales tax say it's most unfair to those least able to pay but others favor the sales tax over a state income tax. The study's author, economist Kail Padgitt, says an increasing number of states are raising so-called "millionaire taxes" on income of the wealthiest taxpayers and so-called "sin taxes" on cigarettes or beer. Padgitt says there is more movement upward than downward in taxes on the state level, targeting particular tax groups.