They've been fussing about it for months now, but state legislators are still beating each other over the head with various state sales tax and/or income tax proposals.
We're t-minus eight days from the end of fiscal year - which is when a plan had better be passed, or we're in big trouble - and the General Assembly is no closer to finding a solution than UT is to finding a president.
But we've got to admit, it's a lose-lose situation for the guys and gals hanging out at Legislative Plaza.
Their options: raise taxes or ... create taxes.
There are about a dozen proposals floating about, but it pretty much boils down to whether Tennessee should adopt a state income tax or raise the sales tax rate, which is already at one of the highest levels in the United States (6.75) as it is.
To get into it a little bit deeper, other proposals call for placing sales taxes on services, which seems like a bad idea when considering that we are paying taxes on groceries and other necessities right now. And that's just wrong.
But then, on the flip side, taxpayers already cough up loads of money to the U.S. government every April 15, and another 2.5 percent to 6.5 percent of income tax just seems heinous.
Yes, it's a tough job, but somebody's got to do it. No matter what our elected men and women choose, we all lose.
But maybe there's hope.
Maybe we can hope that whatever course of action they finally take, education programs - specifically higher education programs - don't get left behind.
We've all faced up to the fact that we'll have to have to pay more, whether it's nearly 10 percent in sales tax (ouch), or a bit out of our paychecks (ugh).
But as long as the funds are used wisely - and our dear little institution gets the money the state's been withholding for years - we promise not to gripe too much.
Published: Fri Jun 22, 2001 | Modified: Sat Aug 06, 2005 03:41 p.m.