TN to Have Income Tax?

There are nine states in the country that do not have or require state income tax to be withheld.  One of those is Tennessee.  Although the state’s constitution does not forbid or preclude the state’s legislature from implementing a state income tax it has not done so. However,  the voters of Tennessee are poised to vote on the issue.  On the November 4th ballot is Amendment 3.  Voters will be able to lower the risk of a new personal income tax or payroll tax by voting “yes” to the amendment. The amendment would prohibit lawmakers through a constitutional amendment, from levying, authorizing or permitting any state or local tax on payroll or earned personal income.  Whether to pass the amendment or not is up to the voters of Tennessee and I would never get involved on either side.  But it is one election payroll needs to watch.

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