Economy Greetings from Tennessee According to U.S. Bureau of Economic Analysis, in 2003 Tennessee's gross state product was $199,786,000,000, 1.8% of the total Gross Domestic Product . In 2003, the per capita personal income was $28,641, 36th in the nation, and only 91% of the national per capita personal income of $31,472. Total earnings were $167,414,793,000. Major outputs for the state include textiles, cotton, cattle, and electrical power. The Tennessee income tax does not apply to salaries and wages, but most income from stocks, bonds and notes receivable is taxable. All taxable dividends and interest which exceed the $1,250 single exemption or the $2,500 joint exemption are taxable at the rate of 6%. Generally, the state's sales and use tax rate is 7%. Food is taxed at 6%, but candy, dietary supplements and prepared food are taxed at the increased 7% rate. Local sales taxes are collected, and those rates vary from 1.5% to 2.75% ...
History Main article: History of Tennessee The area now known as Tennessee was first settled by Paleo-Indians nearly 11,000 years ago. The names of the cultural groups that inhabited the area between first settlement and the time of European contact are unknown, but several distinct cultural phases have been named by archaeologists, including Archaic , Woodland , and Mississippian whose chiefdoms were the cultural predecessors of the Muscogee people who inhabited the Tennessee River Valley prior to Cherokee migration into the river's headwaters. When Spanish explorers first visited the area, led by Hernando de Soto in 1539–43, it was inhabited by tribes of Muscogee and Yuchi people. Possibly because of European diseases devastating the Native tribes, which would have left a population vacuum, and also from expanding European settlement in the north, the Cherokee moved south from ...
By: Raynor Tennessee is the state of prairies, towering mountains and country music. Inexpensive Tennessee real estate will also put a jump in your step. Tennessee Tennessee is a state with a little bit of everything. Parts of the states are comprised of lush, rolling fields with horse farms and agricultural. In other sections, you can find the Appalachian Mountains, which need no introduction. Of course, no mention of Tennessee would be complete without discussing the music scene. With cities such as Memphis, Tennessee is a mecca of music and, of course, the home of Elvis. Memphis If original music and an active nightlife are your things, Memphis is the city for you. The city is the home to vibrant blues, soul, country and rock scenes as well as numerous record labels. Historically, the economy of the city was tied to the cotton industry, but this is no longer the case in modern times. Instead, Memphis has become a modern city while maintaining its historic charm. If ...