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State Capitol Report: Luxury Tax Hits Business Expenditures, Meets Republican Opposition

By Blake Farmer and Joe White

http://stream.publicbroadcasting.net/production/mp3/wkno/local-wkno-897144.mp3

Nashville, TN – Currently, Tennessee consumers get a slight break on high-priced items, but Governor Phil Bredesen is working out the details on his plan to start charging the full sales tax rate on goods over $3,200. Bredesen is trying to plug a budget shortfall that could reach $105 million or more. WPLN's state capitol correspondent Joe White tells Blake Farmer what would change.