Tennessee Governor seeks national sales tax rules
- Aug 19, 2011 | Steven Dunston
It looks like Tennessee's top politicians are eager for national clarification of sales tax rules. Earlier this week, Senator Bob Corker indicated he expects future legislation in Congress. And today, Governor Haslam pushed for urgency:
"Bob thinks that's probably right, but it kind depends on who you talk to in Congress," Haslam said. "Some folks like Senator (Lamar) Alexander - because he's been a governor - kind of understand the urgency of it.
"Some of our House district representatives aren't so sure of why it's important."
The governor said he is trying to make the case about the "considerable" loss of state and local sales tax revenues. The University of Tennessee has estimated that the state will lose $410 million in forgone sales tax revenues from online sales this fiscal year. —VCStar