A taxing situation

The Wall Street Journal explores Tennessee’s vexing tax situation and its impact on this year’s gubernatorial race.


Even if a tax increase can be avoided, the candidates are bracing for a volatile first term in office because deep cuts in state spending seem inevitable. Says Mr. Bredesen: “I’m not looking forward to what is likely to be a bloody January 2003.”

Another Quote:

Mr. Hilleary, who was elected to the House seven years ago, vows an income tax will never pass on his watch. Beyond that, he is silent about what tax changes he might consider, saying the onus for solving the state’s problems falls on the state’s legislators at the moment. “It’s not my bailiwick,” he says.