Bill Lee on Tax Reform

	Bill Lee on Tax Reform

Break from grocery tax, $150M tax relief to small business

This year, we're cutting taxes again. Last August, we gave Tennessee families a one-month break from grocery taxes, to provide relief amid nationwide inflation. We should do that again this year, but let's extend it to three consecutive months. I'm also introducing the Tennessee Works Act to deliver more than $150 million in annual tax relief to small businesses and expand Tennessee's competitive edge for years to come. Source: 2023 State of the State Address to the Tennessee legislature , Feb 6, 2023

Halve professional privilege tax, it's arbitrary and unfair

It's only fair that when the state is fiscally healthy, some of that money be returned to the taxpayer. Tonight, I am announcing a proposal to cut the professional privilege tax in half and return $40 million to individuals and small business owners who every year pay this arbitrary and unfair tax. Indeed, the state is seeing strong economic times, but many of our local governments are struggling financially, and we certainly don't want to see any local tax increases. Source: 2020 State of the State Address to the Tennessee legislature , Feb 3, 2020

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*Other governors on Tax Reform:*			*Bill Lee on other issues:*
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