Knoxville News Sentinel: Who got the gold mine, and the shaft
media mention“Legislators claim the break is designed for seniors and retirement savings, but the vast majority of seniors — indeed, the vast majority of all Tennesseans — fall well below the threshold where the Hall tax starts, or receive funds wholly exempt from it. The Institute on Taxation and Economic Policy crunched the actual numbers and found that more than 60 percent of this tax cut will go to the wealthiest 5 percent of Tennesseans.”