Tennesseans for Fair Taxation: Tax Modernization & Economic Stimulus Act

This plan will provide much needed tax breaks to 60% of Tennesseans, those low- and middle-income families most likely to put that money back into the local economy. For example:

    -A family of four making $20,000 will save over $550 per year.
    -A family of four making $35,000 will save over $700 per year.
    -A family of four making $50,000 will save $475 per year.
    -A family of four making $60,000 will save $200 per year.
    -A family of four making $70,000 would pay $160 per year more.
    -Families will not hit the top income tax bracket until they make over $260,000/yr.

Read the Full Report (PDF)

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