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Public Statements

Preserving the State Sales Tax Deduction on Your Federal Taxes

Statement

By:
Date:
Location: Unknown

Tennesseans shouldn't pay a greater share of their hard-earned money in federal income taxes than taxpayers in other states, simply because we pay sales tax instead of a state income tax. Preserving the state sales-tax deduction is a matter of fairness, and it will keep an average of $400 in the pockets of more than half a million Tennesseans who itemize their taxes. I am working with Rep. Marsha Blackburn (R-Tenn.) to preserve the state sales tax deduction, a provision allowing taxpayers in states with no income tax, such as Tennessee, to deduct their state sales tax payments from their federal income tax. Rep. Blackburn was the leader in restoring the deduction in 2004 and she's the leader now in the effort to ensure it is extended again. I am a cosponsor of legislation to make the deduction a permanent part of the tax code, and I look forward to working with her to preserve this important tax provision.


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