Putting People Over Profits

TN Tax Facts

  • 25% of the wealthiest Tennessee companies paid no state excise taxes

    On average, 25% of the wealthiest Tennessee companies paid no state excise taxes, including corporations with over $50 million in federal taxable income, $100 million, $250 million and even $1 billion

    Man in red shirt holding a sign that says drop this act of corporate greed - tn4al.org

  • Tennessee has the highest total sales tax rate in the country

    Tennessee has the highest total sales tax rate in the country, and nearly the highest grocery tax rate.

  • The poorest 20% of Tennesseans pay 10.5% of their income

    The poorest 20% of Tennesseans pay 10.5% of their income, and the top 1% only pay 2.8%.

Get Involved

More than 60% of Tennessee companies pay no state excise taxes

PUT PEOPLE FIRST

 

We're always told Tennessee is a low tax state, but in reality, it is only a low tax state for big corporations, it is a high tax state for families. Our families pay among the highest sales tax in the country and we're one of only 13 states that taxes groceries.

Meanwhile, recent reporting revealed that 60% of businesses filing in Tennessee pay ZERO in the state corporate income tax, and that was before another massive business tax cut passed last year. More than 25% of businesses that report over $1 Billion in federal taxable income pay ZERO in our state.

While companies make record profits year after year, the burden for paying for schools, infrastructure and public safety increasingly falls on the backs of working families. In fact, Tennessee is one of the most regressive tax states in the country, with the bottom 20% of income earners paying more then 10% of their income in taxes and the top 5% of income earners paying less than 5%.

It is time to put people first, not profits.

 
Harry Diament, Diamond Printing-tn4all.org
“I’ve been in business for over forty years, and I’ve paid my taxes while major corporations have gotten tax breaks. It’s not right that the burden falls solely on working people. It’s time for corporations to pay their share, so that our cities can thrive.”
— Harry Diament, Diamond Printing

We need a government that makes sure everyone pays their fair share.

Tennesseans are struggling with one of the highest food taxes in the country while half of our state's corporations aren't paying taxes at all.

 

JOIN US TO END THE GROCERY TAX

We're always told Tennessee is a low tax state, but in reality, it is only a low tax state for big corporations, it is a high tax state for families. Our families pay among the highest sales tax in the country and we're one of only 13 states that taxes groceries.

Rep. Aftyn Behn and Sen. Charlane Oliver have introduced HB2043/SB1934, a bill to end the grocery tax by closing tax loopholes and making corporations pay what they owe. Ending the grocery tax will provide much needed relief to Tennessee families. Add your name to show your support!