Essay - Tennessee 2002 Summary: This Is A Paper That Discusses the...

Tennessee 2002

Summary: This is a paper that discusses the issue of tax cuts it the State ***** Tennessee faced in the year 2002. It uses 3 sources in MLA format.

Introduction

The issue of income tax has become the most significant for Tennessee in ***** recent years. After thousands of angry taxpayers upset claims at a plan to implement income tax the government ***** finally built the courage to address it. Tennessee is one of the only nine states without a state income tax. After the protest last year, there exist a split opinion about the income tax rate and the many varied views how it should be implemented. Tennessee is one of ***** lowest earning ***** with the ranking ***** 44th in employment and earn*****gs among the other states.

A large number of Tennesseans view things very different from the protes*****rs that storm Capitol in Nashville to intimidate leg*****lators and disrupt peace. While the Governor of Tennessee in 1999 was aga*****st the ***** tax and said that all income ***** does is put burden on ***** people, while creating a way to finance the easy expansion ***** government. But later in ***** ***** he began ***** support income tax and t***** easy and endless expansion to *****.

The tax supporters argue that the State needs ***** spend more on education and say ***** first rate ***** from preschool to college, ***** the best investment that they can make for the betterment of the future ***** Tennessee. Others argue that the problems of budget stem not from ***** taxpayers who send too little, but the problem is with ***** leg*****lation's who spend too much and a income tax will not cure that.

The Issue

***** is true that ***** in the recent years have experienced shortage in the work force, especially the well-tra*****ed ***** force that is the most critical factor for a sustained economic growth. Education is the single most decisive ***** ***** a skilled and well-trained work ***** is essential for growth. The need ***** a quality research university helps to break new technological innovations, which fur*****r help, in bringing new companies and well-paying jobs. ***** realize that government ***** an essential partner if they hope ***** achieve these *****

***** irony of the present situation is that before the ***** fall in the late 90's, the State was among the top earning in ***** union and boasted a triple A bond rating ***** was among the ***** well managed states in the union. There are concrete reasons for opposing the ***** tax, instead of putting more burdens by pun*****hing ***** work and hard earned with income tax it makes sense to let the work but rewarding ***** giving some tax relief to the people.

The Tennessee tax system has become old ***** dysfunctional. The fact that ***** is incapable to provide the revenue ***** ***** state government. ***** is a real need to re-structure and maintain essential service to the expanding population in ***** *****. *****