Posts tagged subsidies

    Tennessee for Worker Freedom Companies that get subsidies couldn’t bar secret ballots in union organizing elections.

    February 22, 2023 // It would be better if states didn’t pick winners and losers with taxpayer dollars. While Tennessee doesn’t have a personal income tax, it imposes a 6.5% corporate tax rate plus a gross receipts tax, which make the state less attractive to businesses relative to others in the Sun Belt. Mr. Sexton says he also wants to cut the corporate tax rate, which is good to hear. But if states are going to give businesses handouts, it makes sense to condition them on respecting worker rights. Competition among states is heating up. Kudos to Tennessee Republicans for seeking to make their state friendlier to workers as well as business.