Sunday, May 27, 2007

BEp afraid, BEp VERY afraid

David Oatney earlier expressed concern about the architects of the new BEP formula. It appears that Comptroller John Morgan and the omni-present Bill Fox, UT professor of economics are the authors. I believe both of these gentlemen would LUV for Tennessee to have an income tax. Will their IT bias affect their BEP design. Probably....why the secrecy? This is video from the 5-22-07 House Education Committee. Rep. Montgomery sums up the concerns of many General Assembly members. I submit that taxpayers, who will cash the checks that Messrs. Morgan and Fox will write, need to be concerned also.