November 3, 2014

Memphis Daily News: Why Are Tennesseans so Afraid of an Income Tax?

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Six of the nine state states without a state income tax – Tennessee, Texas, Florida, Washington, Alaska and Nevada – have had higher than average annual unemployment rates over the last decade, according to the Institute on Taxation and Economic Policy.

Five of the nine – Tennessee, Florida, New Hampshire, Alaska and Nevada – are doing worse than average in terms of median income growth, ITEP research shows.

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