Tennessee & Roane County Demographics
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Tennessee is a right-to-work state.
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Tennessee's 2003 union membership for all industries/manufacturing is lower than the national average:
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Tennessee..........9.2%
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United States.....12.9%
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Tennessee's 2002 population of 5,797,289 represents a 1.9% increase over the 2000 census.
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Tennessee has the second largest inland port in the United States on the Mississippi River in Memphis.
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Tennessee is one of only 8 states with a AAA bond rating.
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Tennessee has over 200 Fortune 500 industrial and service companies within state facilities.
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Tennessee's Constitution requires a balanced state budget.
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Tennessee has no personal income tax on wages.
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Tennessee offers the nation's most dependable power source. The Tennessee Valley Authority operates one of the nation's largest electric power systems in terms of generating electricity.
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Tennessee is located in the Sunbelt area of the Southeastern U.S. and has a mild year round climate.
State Tax Structure
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Sales Tax: 7%
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Income Tax
Personal: 6% on Interest and Dividends
Corporate (Excise): 6.5% of Net Earnings
Franchise Tax: 25 cents per $100 of Capital Properties
Unemployment Tax - New Employers: 2.7% of First $7,000

