generally, if a state has no state income tax, the sales tax is higher, right? and if the state has a state income tax, the sales tax is lower? at least i've been under that impression.
here in tennessee, sales tax is a whopping 8.25%, but we have no income tax. although the state government wants to change that. i wouldn't mind, but they're not even mentioning about our high sales tax or saying that'll go down to like 5% or so. anything would be better than our almost 10%. in fact, the state wants to raise it to 10% to make it "easier!!!"
today in tennessee, people went outside the state capitol in nashville to protest this. the reason they want this to happen is because our state's finances are in trouble. but is this really right?
i should also mention that the city i live in is about 50% annexed into memphis city, one of the nation's 50 worst school districts. the part i live in is the last section to be annexed, then they'll move on to the rest of the suburbs. memphis city's mayor, willie herenton, is intent to rid the state of shelby county altogether. but it's not the shitty state (haha, no pun intended, if it is one) of the city of memphis that has me mad. it's the fact that us who are annexed will pay city AND county taxes!!! all this on top of an income tax now?
oh, and one more thing...this area has shitty priorities. we managed to sell enough bonds to be able to construct a new arena for the grizzlies team, but we can't afford to contribute to getting the state out of debt?
can anyone give me some insight on to how the hell this could happen? thanks
ooh and sorry about how long this is!
here in tennessee, sales tax is a whopping 8.25%, but we have no income tax. although the state government wants to change that. i wouldn't mind, but they're not even mentioning about our high sales tax or saying that'll go down to like 5% or so. anything would be better than our almost 10%. in fact, the state wants to raise it to 10% to make it "easier!!!"
today in tennessee, people went outside the state capitol in nashville to protest this. the reason they want this to happen is because our state's finances are in trouble. but is this really right?
i should also mention that the city i live in is about 50% annexed into memphis city, one of the nation's 50 worst school districts. the part i live in is the last section to be annexed, then they'll move on to the rest of the suburbs. memphis city's mayor, willie herenton, is intent to rid the state of shelby county altogether. but it's not the shitty state (haha, no pun intended, if it is one) of the city of memphis that has me mad. it's the fact that us who are annexed will pay city AND county taxes!!! all this on top of an income tax now?
oh, and one more thing...this area has shitty priorities. we managed to sell enough bonds to be able to construct a new arena for the grizzlies team, but we can't afford to contribute to getting the state out of debt?
can anyone give me some insight on to how the hell this could happen? thanks