"A single piece of progressive legislation, the lowering of the sales tax on food by a quarter of 1 percent, was originally opposed by the administration before its passage in the final days of last year's session. This year, an additional .25 percent cut in sales tax on food is a part of the governor's legislative agenda and on track to pass.
So, while corporations and the wealthy saw their state taxes and potential liabilities drop by thousands of dollars a year, average Tennesseans saw a tax cut of a mere $3.65 annually — which will buy a burrito at your local Pilot Travel Center.
Last year, the governor touted his "Tennessee Economic Miracle" to the chattering classes on cable TV. Since the beginning of Haslam's term, poverty in Tennessee has increased to nearly 17 percent, wages have remained stagnant, and unemployment has tracked national averages. Some miracle.
None of the bills supported by the governor increases job creation or wages, nor do they extend the buying power of regular Tennesseans. Instead, all help wealthier people save money, which is an inefficient, if not downright chimerical, job-creation strategy."
