From Rocky Top Politics:
“After over-collecting $2 billion dollars from Tennessee taxpayers, Gov. Bill Haslam today said he thinks Tennesseans are not taxed enough and wants to raise the taxes on that most basic of middle class commodities: gasoline.
Reports indicate Haslam is trying to sugarcoat the tax increase by promising to “index” the taxes (meaning they can go up without additional legislative approval) and to cut a little from the food and/or sales tax rate.
What is astonishing is that this proposal comes on the eve of the inauguration of Donald Trump as the next President…Trump was elected by middle class outrage over politicians who do dumb things like, well, raise taxes when you are sitting on a $2 billion surplus.”