Bredesen won't raise taxes (he says)-won't cut them eitherGovernor Bredesen has threatened to veto (if it reaches his desk) a House proposal that would significantly cut Tennessee's basic food tax while raising the tobacco tax. Bredesen's excuse is that tobacco is a decreasing source of revenue. Frankly, this is hogwash, and Bredesen knows it. For all of the rhetoric coming from the State and federal government about quitting smoking, they do not want everyone to quit smoking for the revenue they are receiving from tobacco taxes, just as the State is receiving alcohol tax revenues or lottery revenues.
The fact of the matter is that Phil Bredesen does not want to sign a tax cut that would benefit untold millions of Tennesseans, especially the middle class and the poor, into law. Jersey Phil says he will not raise taxes, but he will not cut them so that everyday working families can get a break either.