Forbes Magazine: on Tax Reform

Mark Green: Eliminate Hall tax: 6% on unearned interest and dividends

The elimination of the Hall tax is crucial for several reasons. First, in the race for residents and jobs, a state's tax environment becomes a huge factor. Once the Hall tax is a thing of the past, Tennessee will become a more attractive destination for owners of Subchapter S corporations, as well as for retirees--in other words, anyone with investments.

Senate Commerce Committee Vice Chairman Mark Green stated in support of the bill that "the best place for the earnings of our citizens is in their own personal budget and not the state's to spend." Green's words ring true with anyone looking for job-creating, growth-encouraging reform.