Photo credit Dan Lehr
Earlier this week, the Tennessee Court of Appeals ruled that Polk County, Tennessee’s tax on whitewater rafting (a key activity in the county) is unconstitutional. See High Country Adventures, Inc. v. Polk County, Tenn., No. E2007-02678-COA-R3-CV (Tenn. Ct. App. Nov. 10, 2008).
Under state law, whitewater rafting services are exempt from the combined state and local 9.25% sales tax imposed in Polk County. (more…)
The National Association of Realtors, our favorite lobby here at the Tax Foundation, is pressuring its members to urge Congress to steal on its behalf more from taxpayers. Here’s the organization’s four-point plan:
NAR has urged Congress to include the following provisions in any future legislation:
Make the $7500 tax credit available to all purchasers and eliminate the repayment requirement. The credit’s limited availability and required repayment terms have severely limited the credit’s appeal to (more…)
This is Money’s independent tables compare savings accounts that are simple and have no strings attached
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Following last week’s rate cuts, we assess how the banks and building societies are responding with savings accounts and mortgages
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