Why Tennessee (and Every Other State) Should Have a (Broad-Based) Income Tax (and a Retail Sales Tax, too)

75 Pages Posted: 2 Apr 2008

See all articles by Herwig J. Schlunk

Herwig J. Schlunk

Vanderbilt University - Law School

Date Written: April 1, 2008

Abstract

This paper examines the general relationship between state tax policy and state spending policy and concludes that states that rely solely (or even primarily) on either an income tax or a retail sales tax to finance state spending are pursuing an ultimately unstable course. States that seek to pursue an ultimately stable course must include in their revenue streams both an income tax and a retail sales tax.

Keywords: state income tax, sales tax

Suggested Citation

Schlunk, Herwig, Why Tennessee (and Every Other State) Should Have a (Broad-Based) Income Tax (and a Retail Sales Tax, too) (April 1, 2008). Vanderbilt Law and Economics Research Paper No. 08-12, Available at SSRN: https://ssrn.com/abstract=1115473 or http://dx.doi.org/10.2139/ssrn.1115473

Herwig Schlunk (Contact Author)

Vanderbilt University - Law School ( email )

131 21st Avenue South
Nashville, TN 37203-1181
United States
615-322-1527 (Phone)
615-322-6631 (Fax)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
207
Abstract Views
1,193
rank
166,056
PlumX Metrics