NASHVILLE, Tenn., (February 6, 2017) — State Senator Mark Green (R-Clarksville) has received a coveted national award from the Tax Foundation for championing the passage of legislation last year to phase out of Tennessee’s Hall Income Tax. Green shared the honors with only 11 other recipients nationwide who have demonstrated outstanding achievements in State Tax Reform.
The Tax Foundation is the nation’s leading independent tax policy research organization.
“I appreciate this recognition,” said Senator Green. “Our citizens should never be penalized to work or to save. The end of the Hall Tax keeps your money in your budget, not the governments.”
In order to be considered for the award, the recipient must accomplish efforts to reform taxes to make them simpler, more neutral, more transparent, more stable, and more pro-growth. Action by Green helped Tennessee join seven other states which are completely income tax-free.
“Working for better tax policy is not easy,” said Tax Foundation Vice President for State Projects Joseph Henchman. “A piece of glass hardly compares to the efforts the recipients put in, but we do this because some recognition is important for what they achieved for the taxpayers of their states.”
In the 110th General Assembly, Senator Green has already sponsored additional legislation to eliminate or reduce taxes and regulation, and will fight against the proposed gas tax increase while Tennessee currently reports a $1.8 billion surplus. Other legislation sponsored by Green this year includes Senate Bill 8 which levels the playing field for businesses located inside the state by changing the franchise and excise taxes from a three-factor formula to a single-sales-factor formula, and Senate Bill 15 which phases out the professional privilege tax levied on professionals working in Tennessee