Tennessee Gym Tax Repeal Passes Legislature

The Tennessee senate on Thursday passed Gov. Bill Lee’s proposal to repeal the state’s amusement tax on smaller-size gym memberships, the Times Free Press reports. Critics of the tax, including the National Federation of Independent Businesses, argue it is unfair and all businesses should be treated the same. The legislative fiscal note cites an estimated $2.5 million loss to local government and the Finance Committee estimated a $6 million loss of revenue.

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