Study: Value of Tennessee's dollar goes far - WRCBtv.com | Chattanooga News, Weather & Sports

Study: Value of Tennessee's dollar goes far

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Courtesy: Tax Foundation/WBIR Courtesy: Tax Foundation/WBIR
 A study released last week shows the cost of goods and services in the Volunteer State goes farther than other states in the U.S.

The study from the Tax Foundation, a Washington D.C.-based 'think tank' shows the value of $100 state-by-state. In Tennessee, that $100 is really $110.25, which is 16th in the nation.

The organization told 10News the study is based on 2013's tax numbers, and said the results were based on three other factors: value of land, transportation, and tax and business laws. In Tennessee, with the Mississippi River and Interstate 40 in the boundaries, the cost of goods will be less.


Read more on this study at WBIR

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