Tuesday, December 13, 2011

Moving Ahead With It

Speaker Beth Harwell and Lieutenant Governor Ron Ramsey are pressing ahead with plans to reduce or eliminate the death tax and the Hall Income Tax:

Tennessee House Speaker Beth Harwell (R-Nashville) and Lieutenant Governor Ron Ramsey (R-Blountville) both say that they are going to press ahead with respective House and Senate plans to cut and/or eliminate the death tax and the Hall income tax on dividends. Speaker Harwell told the Associated Press's Erik Schelzig that " House Republicans have wanted to address this issue [the inheritance tax] for a long time." Indeed, many House Republicans campaigned and were elected throughout Tennessee on platforms that included abolishing the death tax, and Republicans in both Houses of the General Assembly have the numbers to do it is they but stand together. As with any other Governor in Tennessee, a Haslam veto is a worthless one if a simple majority in both Houses chooses to override it.

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