Image: Sen. Joey Hensley, Senate Revenue Subcommittee chair Image Credit: capitol.tn.gov The Center Square [By Jon Styf] – A bill that would end Tennessee’s professional privilege tax advanced through subcommittee with a negative recommendation on Tuesday. Tennessee currently charges individuals in five professions $400 annually. Those professions include lobbyists, attorneys and agents, broker-dealers and investment […]
Image Credit: Canva The Center Square [By Jon Styf] – Tennessee saw $467 million in gross wagers and $8.6 million in privilege tax paid in January, making it the third highest amount of wagers the state has seen since betting began in November 2020. The gross wager numbers only trail November and December 2023. Wagers […]
Image Credit: Amit Lahav / UnSplash The Center Square [By Jon Styf] – Tennessee saw $495 million worth of gross sports wagers in December while collecting $9.1 million in privilege tax. The total gambled was up from $440.4 million of gross wagers in December 2022 while the tax collections were down from $9.4 million. The […]
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