>
> Olin wrote:
>>>
>>> Boston Blackie wrote:
>>>> In article
comcast.com>,
>>>> "Olin" comcast.net> wrote:
>>>>>>>>> Oh, he saved us from a state income tax all right, but cross over
>>>>> into
>>>>> Kentucky and you'll find a state with half the sales tax rate, NO
>>>>> sales
>>>>> tax
>>>>> on food, lower gasoline taxes, parimutuel betting and bingo.
>>>>
>>>> But you wouldn't want to live in Kentucky or own stock in a company
>>>> that
>>>> does business there, you get socked with a 6%% income tax in either
>>>> case
>>>
>>> Kentucky can 50 cent you to death with toll roads too.
>>>
>>
>> One of the many reasons I don't want to live in Kentucky.
>>
>>> Seriously, please don't anyone even mention parimutuel gambling. Lord
>>> have mercy, as with the income tax, we have *beat that horse to death*
>>> in Tennessee. And, to say the least, the recent doings in Shelbyville
>>> are glaring evidence that critters here have it rough enough as it is.
>>
>> There has rarely been any evidence of similar treatment of thoroughbred
>> or
>> quarter horse racing animals. The "training" the walking horse goes
>> through
>> to get that convoluted gait is barbaric, at the very least.
>>
>>> Now jai lai I wouldn't mind. I'd never enjoyed any gambling of any
>>> kind until I discovered jai lai on a trip to Tampa and came away a
>>> winner. What an enjoyable pastime--why isn't it a bigger thing?
>>>
>>
>> It doesn't much matter. Some folks love to gamble. Others don't. If you
>> count the Tennessee cars in the parking lots at the casinos in
>> Mississippi,
>> Illinois, Indiana and the Indian reservations, as well as the parimutuel
>> tracks, horse or dog, you begin to get an idea of what Tennessee is
>> missing
>> in tax revenue on that front.
>>
>> Personally, I've never cared at all for betting on the ponies, partly
>> because I don't understand handicapping at all... not even a little.
>> Quarter
>> horse racing, most of what you have at Texas parimutuel tracks, throw
>> standard handicapping out the window and the one or two times I've gone
>> to
>> the track and actually placed a bet, lost ten bucks in one session and
>> picked three races correctly in the other and won about twenty bucks.
>>
>>> (Daddy has always said that anything illegal or immoral you can get by
>>> with in Kentucky. : )
>>>
>>
>> No argument, but not the point. I would really love to see an honest
>> analysis of the tax bite difference between Kentucky and Tennessee to see
>> if
>> we're really getting the better deal. On the things I can easily see, it
>> would not appear to be the case.
>>
>> And that is whether the issue EVER comes up for debate in the legislature
>> again or not.
>
> BB was wrong. The sales huge tax difference would benefit "big ticket"
> sellers in KY. I'd love to own car delearships in KY, along the TN
> border.
That used to be an issue in Texas... within the state, as counties taxed at
different rates for the purchase of cars. The lege took care of that by
stating that you pay where you live. Kentucky already does that with their
income tax, i.e. live in Kentucky, work in Tennessee, pay income tax on your
wage.
That said, there are plenty of Tennesseans who cross the border for
considerable shopping, and even without the big ticket items, the drain on
Tennessee is at least noticeable.
I don't know what the gasoline price is up there today, but a month ago when
I drove through Kentucky going elsewhere, gasoline was about twenty cents a
gallon lower than Middle Tennessee because of their lower gasoline tax rate.
I simply wish for folks to stop peeing on my leg and trying to convince me
it's raining. The total tax bill is the total tax bill, regardless of how
it's collected. While the guv is telling me via his campaign commericals
that he cares for the taxpayers of Tennessee, let him also answer to the
prediction a couple weeks ago that the sales tax exemption for Tenneseeans
is in jeopardy of going away and how the increased federal tax bite because
of that is gonna "help Tennessee taxpayers."
