Lawmaker Pushes for Transparency in Tennessee House Bill
Debate Erupts Over Tax Refund Privacy Laws
According to THE TENNESSEAN, in Tennessee, there’s a plan to change the franchise tax system. A lawmaker named William Lamberth wants to make it more transparent. He suggests that the state should tell people which businesses are getting tax refunds and Tennessee house bill, how much they’re getting. Lamberth thinks taxpayers have the right to know where their money is going.
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Tennessee House Bill Demands Openness and Disclosure – Franchise Tax Reform! (PHOTO: The Tennessean)
Senate Republicans Raise Concerns Over Tax Refund Confidentiality
But not everyone agrees on Tennessee house bill. Some Senate Republicans said no to a similar idea before. They worry it might go against laws about keeping tax refund information private. Lamberth’s idea tries to share some info while still keeping most tax records private. There’s a big debate about whether this tax break is really needed, especially since no one has sued over it yet. And officials won’t share a letter from a law firm that’s the basis for the plan, saying it’s confidential.
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