Shifting COVID-19 relief dollars to unemployment fund averted tax hike, Lee says
Business tax premiums would have increased if the state hadn’t invested heavily in the unemployment fund, said Gov. Bill Lee (in a July 1, 2020 file photo). (Mark Humphrey/AP)
Gov. Bill Lee says a move to bolster Tennessee’s unemployment insurance trust fund saved businesses $837 million in tax premiums, but some legislators believe the system is structurally flawed.
Topics
Bill Lee Randy McNally Cameron Sexton Jeff YarbroSam Stockard
Sam Stockard is a Nashville-based reporter with more than 30 years of journalism experience as a writer, editor and columnist covering the state Legislature and Tennessee politics for The Daily Memphian.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.